It's close but it's over the bridge, over the train tracks, and over the freeway if ya get my drift.  

But here is the result of the negotiations and the final deal I signed.Amount owed to bank $690k   Price I paid $468.7kTerms - Prime floating - currently 3.25%, 2 year deal with 2-1 year renewals of the sameThe loan is I/O and debt reduction is straight-line taken down at the commencement of a construction loan.The bank is to finance 1 spec home at a time during the duration of the loan.

New float and valve flapper assemblies in each unit fixed the problem right away.

The system depends on the backup pump pressure switch or float to work. 

When SHTF, liquidity is what will keep the boat float.  

I also floated seller financing as an option to defer his taxes, but not sure he is interested in that.  

but if your just going to compare everything to cash flow real estate then of course its best to stack those up use cash flow to fund your life style.. but there is many many other ways to make big money in RE that does not include rental income.. its whatever floats your boat... 

The campaign you've set out on now just floats effortlessly in earth's orbit.

It's about owning or managing not just a few units, but a few hundred, if not a few thousand units.Once you scale the operation, like most businesses, that when you can afford to pay employees to run your businesss, while you go do whatever floats your boat, all while calling it a "passive investment" — In other words, there are people who own businesses, and there are people who run their business.

Lots of contracts floating around you can use.