You are correct in your assumption that it will impact how low they can go on the down payment, though, b/c commissions will need to be paid out of closing costs. 

It turns out the machine was allowing free washes, and with a replacement part should be back up and running. 

OR feel free to PM and we can talk. 

The tenant already declined the lease break offer even with a free month thrown in.

Both sides also need to factor in opportunity cost.

However, the success of your project will depend on factors like location, renovation costs, and market timing.Many investors have found great success by focusing on high-demand neighborhoods with strong buyer interest.

The first applicant will eventually get tired of his free-loading friends and problems will ensue.

Oil heating costs are outrageous and you also have to deal with leaking tanks which can be a nightmare.

We provide free medical coverage, free food, free housing, free cell phones, free internet, free clothing, free transportation, guaranteed employment for any/all who ask (salvation army), free furnishing of a home, free temporary housing, free shelters, free free free......

Also, you didnt mention any financing costs, was this built with cash or do you roll that into your cost of construction?