This double counts vacancy, so assume the lower end of about 10 units.Silly me, that makes more sense... even if a unit is empty I'm still paying insurance, property taxes, etc etc etc... it's 50% of potential Gross, not 50% of actuals.Still sounds like a potential deal if I can keep it half occupied year round and 100% occupied for 4 - 6 months.Working through Joel's issues might be the harder part, i.e. getting financing.

Brady has almost always played with achip on his shoulder since being drafted in the 6th round behind much lesser quality QBs.

You might be able to get away with a contractor drawing up the letter, depends on the underwriter. 

I directly asked the guy if the $1,150 was the final amount and I got a round about answer. 

However, please be extremely judicious in using them.The vast majority of my customers who have used hard money loans get away from them, because virtually all of the profit in the deal is mitigated with interest and fees from hard money lenders.I believe @jscott is involved with a flip financing company now.  

A ticket would be created within the app where the property manager selects the kind of problem the tenant is having.

Systematizing is great, but don't be too quick to put them in place.I tell people the same thing when they begin using bandit signs, don't have the first few rounds of calls go to a call center to auto message taking.

There have been some long sleepless nights over the last 3-4 months but I can safely say that it was worth it.Recap of the numbers (Rounding for simplicity):Purchase Price 125,000Down payment  25,000Closing costs 4,000Rehab/Carrying costs 40,000Rent: 1415 / 16,980Vacancy: 8% (-113 /-1358)Total income: 1,302  / 15,622-Expenses-Property Management: (10% even though I am managing it) -141.5 / -1698Repairs and Maintenance: -100  / -1,200CapEx:  -122 / -1464 (even though everything is brand new in the house, based on average life spans of mechanical's and appliance's this should cover replacement costs when things happen.  

I even went through a few rounds of interviews to be a Financial Planner before I pulled out of the process.However you decide to build a career as a Financial Planner, you need to be sure you would personally make the same investments as what you are telling clients.

Or is this the guy selling geiger counters and selling AK 47s with 999 rounds of ammo?