I’m super driven, have good soft skills, understand real estate relatively well (have tons to learn), I’m just concerned that my age will be a barrier and that I won’t get a good shot in my last semester to make a sale.I will likely be moving after this semester to another city, but would it still be worth it to get my license and try to make a sale or two while I’m still here?

I brushed off the idea because I was uncomfortable dealing with the elderly.

My numbers are as such:Current Loan on Property Left: $400,000Current Rent Roll- $120,000 gross, Current NOI= $102,000 before debt serviceWith all the soft and hard costs, the Construction Costs would roughly be about: $1,200,000So we are all in for about $1,600,000 ( Construction Loan + Current Loan)Let’s say that at this point everything is built and everything is 100% occupied....This is in California by the way. 

Completely new kitchen (stainless steel appliances, soft close cabinets, new countertops), new boilers, in unit washer dryer (new appliances), new roof 7 years ago.

Her best chance is to find an independent landlord with a soft spot and be very upfront about any conditions that caused her to do this if there are any redeeming circumstances whatsoever including bad boyfriend kid being sick what have you.

Find a great agent who gives you time and doesn't brush you off for being a new investor.

It is a little challenging to discuss the renovations with my wife as she is a Worry Wort and as soon as I discuss renovations she automatically goes to "this is too much money, and we can't afford it, and were going to go bankrupt, and were ruined forever" fortunately I am able to brush off my old PhD education and qualm the mini anxiety attack and return her back to base line.

The infestation happened because he had a soft heart and tried to help out a homeless teen so we suffered that expensive learning experience together.

@Rich WeeseFannie and Freddie will permit pref equity, but it must be soft pay rather than hard pay.

We call these soft costs.