Here's a very basic explanation to get your juices flowing:Assume a house costs $200,000 and rents for $1,500.

It gets my creative juices flowing.If I were in that situation, I would probably ask a friend or two to move into the house with the lady still living there.

So, for first-timers, you need to have investor friends that you trust that can help tell you when your subs and GC are juicing you because they know you don't know anything.

You can juice returns if you furnish and Airbnb other units.

Brian Burke: We've kept the waterfall structure the same.You can see here.We used in this case, We used in this case, we used an 8% preferred return, and then we had three waterfall hurdle tears.The investors got 70% to 12 60% to 15.And then after 15, they got 50 50.And we've essentially I've been using this waterfall almost since I started way back in the beginning.Every once in a while, we might alter something here or there because we feel the need to.But too many times I've done that and been completely wrong.We had a deal that we did about three years ago where when we underwrote the deal, I felt that we needed to juice thereturn a little bit more.And so we switched the waterfall to an 80 70 60 instead of 70 60 50.And at the end of the day, when we sold that property, we delivered to our investors like a 32% IRR.And now I'm kicking myself like we really didn't need to do that.We could have left it.Just as this waterfall is here, our investors would have got a 28 IRR or whatever and been thrilled to death.So I tend to leave the waterfall alone most of the time.

Now for the juice, how on earth was I able to sign these deals???

You can always revisit rezoning later upon sale if you want, but for now, I'd recommend not in order to keep your tax bill / insurance bill low and really juice your margins. 

Seller Finance it on a wrap, cfd, lease option, etc.Gary Keller of Keller Williams wrote:http://www.kw.com/kw/shift.html"Chapter 10 - Expand the Options - Creative Financing.....Affordability drives the real estate industry....Buyers must be able to buy in order for sellers to be able to sell....Affordability is the juice that makes the market go or stop....In a (market) shift, finding creative ways to help buyers afford to buy and sellers afford to sell is the game you must learn to play and win.....if the conditions warrant creative deals but you are not able to put these deals together, then you could be done doing many deals.

There's more in the "e-juice" than just water or else they wouldn't be work smoking.

@James BellI had a mortgage on a property in Cape Coral Florida and the FEDS filed civil and criminal forfeiture against it.