Then they sell the property and you get another $140.5K upon sale.To calculate IRR put these numbers in Excel:-100, 7, 7, 7, 7, 7, 7, 147.5 <-- 147.5 is a sum of the last year payout of 7 and 140.5 payout upon saleand add the function: =IRR(A1:J1) - presuming that your numbers occupy cells A1 through J1Your IRR will be 11.12%. 

He told me on cell phone text message he won't be moving till the lease end which is on May, ( he doesn't remember the lease signed for 2 years) and I don't recall it because we looked up the law the contract has been default.

I will work out of home and use my personal cell to minimize overhead.

But it was a small office so I could meet with him any time or call his cell, or email if I needed help.

We are finding that many of the contractors are fat and happy. 

Part of the reason for the ones I'm involved in is the fact that there are vouchers approved for guaranteed tenancy and another is when some of the multi-use properties have additional income streams (cell towers, laundry, etc.)

To my knowledge, the idiots that were selling meth downsized from a 1000 SF house to an 80 SF cell:)

9363462902 is my cell

I went from Selling Cutco knives to being a cell phone sales person to joining the military to eventually being a Real Estate agent to finally becoming a Real Estate Attorney.

I'll send you my cell # !