$200,000 in land cost for a 4-plex does Not a cash cow make.

I think letting her have time to digest and save face helped me get her to open the door.It does surprise me how people interpret things.  

Two of the deals I HAD to buy (the first 12 unit we purchased out of bankruptcy court, poured some money into it and now it is a cash cow - cashflows at 42% occupancy. 

hello BP world, my name is Comfort, i recently relocated to Atlanta about 6 months ago, besides the crazy humidity and horrible traffic situation here, i like it so far.. i joined BP just 2 months ago and i have been in the background just reading and digesting as much information as i could so this is my very first post :) .before i start i just want to give a shout out to each and everyone of you who often take time out of their very busy schedules to answer questions on here( that's what amazes me about BP) so kudos to you guys, i appreciate that!!

I milk the cow.

Digest that with the pros and cons at your leisure. 

So yes Adrian, it's a FABULOUS Idea, and people are already making millions following this model in Real Estate's Cash Cow King - Self Storage!

Holy cow!

The property could be a cash cow although the structural issues could also put a huge hole in the budget.

I don't know if it was just their digestion of the deal or my seeking to bring in other acquisition money, but they did commit verbally to funding the acquisition with a meeting on Tuesday to finalize.The backend commitment was always there but it was the $10MM acquisition that was hesitant.