The note was interest only and had a balloon payment after 3 years.You need to incorporate these debt payments into your numbers and still have a deal with acceptable returns.But more importantly you should get as educated as possible and put together a package for potential private investors.

@Tara Wright  I have a friend who works at Stanford, and when she told me how much she was paying in rent, I nearly fell out of my chair. 

I'll incorporate into version 2. 

So you might find yourself initially registering the entity out of state but then having to register/incorporate it locally as a foreign entity to get certain things done. 

thinking outside the box is definitely something I'm going to incorporate.

Always fun to be able to incorporate beach and investment time!  

Or are you looking to incorporate something else entirely?

This is expensive.There are many creative ways to find deals that incorporate you reaching out to buyers that can be less expensive and more targeted.

And there’s no way to tell when the game of musical chairs will stop.

If I incorporate risk in my model from the start, I can mitigate the risk with cashflow and location.