Hi Mindy,      There is no exact science, it's like pulling off a band-aid.

Need to rip that Band-Aid off first month they don't pay rent and as soon as legally possible for your state.Plan to move out, hope you're not being played, but it's typical buying time language. 

“Unless we are drinking a lot of Kool-Aid, then it’s a 25.”However, most syndications i have looked at seem to promote their skill in re-positioning to raise rents and adding value...and I am seeing plenty of sponsors promoting IRRs in the 20 ballpark...Maybe the big syndicators haven't caught on yet?

A few more seasoned investors have told me, perhaps controversially, that most cities place such onerous zoning restrictions and are completely inactive in aiding affordable house because lower income and lower-mid income residents are such a net loss to the cities, i.e. little tax revenue and big consumers of city services.

I am hungry to learn and can definitely bring a lot to the table to aid you having a vast electrical/mechanical background. 

I requested that repairs be made before closing that would be a long term fix to the foundation issues.At first, the seller tried to pull a fast one on me and push through minor "band-aid" level repairs instead of legitimate long term fixes while feigning ignorance.

@Jordan Blackwell as you and some of the responders mentioned hypothecation is probably closest to what you're getting at though the practicality of successfully doing so is likely far less than BRRRing with real property.

That was until the Persians came, and a man who was often derisively called "the whoremaster of Athens," aided by the contributions of, yes, despised, belittled, and often-abused sex workers, essentially saved the core Greek institutions of western civilization at their inception, in the naval battle of Salamis, circa 480 BC.

However, it's still the closest thing to "Vegas" on the east and seems to be pivoting towards an event/vacation driven economy. iE hosting concerts, conventions, sports tournaments, amateur fights, ect.What are we missing here?

The schedule also aids itself to real estate investing.