I define ready by having ability to lose 100% of the investment you are making and still be able to pay your bills 

I suppose there are counties out there that would allow it but it would depend on how they define the structures you are building. 

Have you defined any specific areas or neighborhoods you would like to buy?

In my example above, if re-defined that as a "dividend" it would be at 21.88% dividend. 

You may want to better define, "clean up services when old tenants move out".It's more than just cleaning! 

It sounds like you're in a strong position to start your real estate investing journey, especially with your solid income, educational background, and detailed research.Focus on the first step of defining goals and strategy.

I'd say start by defining what type of facility you want. 

That brings me to my next point: The area you should start investing in depends very much on what your investi g goal is, so: Define your goal.

It simply states a large majority of WLI policy holders default on their investments for purposes not defined.

We are definately planning at refinancing as the next step but need to resolve the partnership before that.