But I was working for a very large bank and saw how futile it is for massive financial firms to adopt new payment systems. 

I don't contribute anything to this website other than the posts i made about the person charging me.So now I get to go up against someone that has a million dollar lawyer while all I'd be able to afford was a free public defender.I am absolutely having a break down due to this websites inability to care about what their inactions do to people...agreeing to their terms of service when we make our accounts shouldnt give them the right to hold onto all the media if it creates massive problems for us.

What made my investor interested in this deal was being a corner property you are able to build a full 3rd story addition by right which would massively increase the value of the property with similar 3 story properties trading in the low 600k's.

Just make sure you’re not dipping into negative cash flow territory, especially with today’s interest rates.Location, Location, LocationDon’t forget, location plays a massive role in appreciation.

I would not plan on refinancing after a year... unless you are adding massive value during that time. 

This is actually the hottest market in America IMO.With that level amount of money you have to play big and do NOT think small ( i am still small investor LOL)I'm concerned I might run out of cash servicing the debt (I presume you were implying a take a loan and use the $5M to leverage into something bigger) and overall expenses of a massive, muti deca-million property, if it weren't a multifamily.

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $22,000

Cash invested: $30,000

Sale price: $145,000

Contributors:
Peter Vekselman

Partner Drive...

I figure Open Door just chose massive bundles of properties and set up a bunch of automated processes for buying, but I don't know. 

Just started my first airbnb after a massive rehab.

The "1% Rule" can be a great rule of thumb but it doesn't account for a massive elephant in the room: Expenses.What really matters is NOI (Net Operating Income), which is why we prefer cap rate.