Buy a quality couch from a US manufacturer and their fabrics are usually excellent.

Yes it's a huge problem.You should fix this correctly now.Open the walls and put in proper sound reducing insulation.

Built in a factory the quality is often better and cheaper than stick building out in the elements.

I want enough money coming in so the business can sustain itself when issues occur with maintenance or vacancy.If you wanted to do this with only 20% down ($46,000), which is all you need for a conventional loan, here is how the calculations change.Total mortgage + escrow $1,493.33 per month with cashflow reduced to $306.67 per month.I prefer to overestimate purchase price, interest rates, and homeowners’ insurance to be conservative.

**As investors, you are closest to the consumer (home buyers/renters), so you tend to absorb costs and reduced profits from unexpected spikes in expenses that wholesalers or contractors pass on to you!

This reduces exit options and affects the value. 10) Small number of small units is the most expensive residential development there is.

But at the end of the day, the quality of services provided and how well you'll get along with a PMC is what it comes down to IMHO. 

These properties are generally in high demand, but on a positive there will be drastically less new inventory of competing rental properties. 

Due to recent building code changes, you can build a framed building up to 4 stories on a slab, which significantly reduces the overall cost of new construction.

The other way I fund deals with none of my own money is using a private lender that I have years of experience and relationship with and/or using HELOC and other business lines of credit.