With my MTR’s in the area (Boulder, Longmont, NW Denver, Wash Park), I see a lot more action in the spring and typically fill them with a longer lease for fall/winter as the market dries up for those months.

A attorney firm who ever contacted the client, knows nothing about the case, got the nerve to keep on representing the client after losing the case.I told him, then I am firing you  Was he surprised    not sure what to do next because not too many landlords would encounter this problem  

We went back to the hotel 4 down and when we came back the officer said the gang leader had busted out a room and washed out the spray from his eyes from security.

One example was he bought a lot for $600K, put in $600K for a high end house and sells it for $2M.

And if it is all business, then you should have an LLC credit card that is used for fuel, tires, oil changes, car washes, etc.At the end of the day, you need to talk to a CPA and potentially an attorney.  

Its all about discipline and creating a fluid system in place where one hand washes the other. 

In my mind, its a wash (the rent you pay or lack of income due to living there).

To finance this with a low down payment, my wife and I would live in the house for a year after construction is complete so that it can be considered a primary residence before it is listed.My estimates on numbers...Initial PurchaseLand purchase - $150,000Home construction - $250,000Down Payment (with 5% one-time close construction loan) - $20,000Closing - $8,000Monthly ExpensesPITI (including PMI) - $3,400Utilities/Supplies/Maintenance - $700*calling cleaning a wash because I charge for itMonthly RevOcc - 70%ADR - $250TotalsAnnual pre-tax profit - $15,000CoC - Around 30%Would love to hear thoughts on potential risks or any recommendations on people to work with!

ATM’s (24% per year) and car washes (7-10% per year plus upside on a sale potential) are offering pretty good monthly cash flow.

Does anybody have a great ceiling paint that can be washed well but isn’t glossy?