It's also less total interest paid because I am borrowing less total money. 

This also leaves me with $3,750 stuck in the deal (not including financing and closing costs, which could easily add another $20,000).In total, if I had to include closing costs and financing costs, I’d have about $23,000 (if not more) tied up in the deal and lose close to $700/month before accounting for expenses.

I recently took a leap of faith and invested in a mentorship program with Tom Zeeb and his Total Traction Real Estate Mentors program.

Since we have 2 buildings (right next to each) the total is $500.

I totally get where you’re coming from—I moved from LA to Columbus two years ago for the same reason.

Jay,You mentioned total loss on syndication deals. 

However, This was a gut rehab on a 8k total sqft building.

I think it could be due to niche cabins still having a strong nightly rate but I’m a total noob. 

All that you wrote makes total sense and thank you for the compliments.

Totally curious on that dynamic.