If not in-the-know with what all that means, it means that is the absolute MAX ceiling $ that would even be considered and everything through DD has to come out great. 

That did help me get a clearer picture of the full process.

You may end up with a little more vacancy today because you stuck to your guns but if your criteria are solid you will have better overall results in the long run and investing is for the long haul.

Based on the questions you are asking I think you need to spend more time listening to podcasts like Bigger Pockets and Bigger Pockets Rookie.

Quote from @Pat Aboukhaled: Chris, that’s a great question, and it’s one that tends to trip people up more often than you’d think.

I appreciate the input and the quick response.

@Shaun Palmer - from my understanding the English translation of the statute is this...  

Bitcoin trades 24/7, with a click.  

Go to local real estate investing meetups at least monthly for six months and don't bring up the partnership until after three months of them.

https://www.har.com/content/department/mlsHouston Real Estate Highlights in November, 2024:-Single-family home sales increased 6.0 percent year-over-year;-Days on Market (DOM) for single-family homes went from 48 to 52 days;-Total property sales were up 3.3 percent with 7,750 units sold;-Total dollar volume rose 11.1 percent to $3.1 billion;-The single-family median price was up 1.5 percent to $329,900;-The single-family average price climbed 4.1 percent to $418,903; -Single-family home months of inventory registered a 4.4-months supply, up from 3.5 months last November.