The 5 year term might have a 20 or 25 year amortization.At this point cash flow isn't critical.  

At the time of the post he was 23, so apparently he was Mark Zuckerberg and working as a programmer at 13, yet somehow only makes 50K a year 14 years later after going to a top 25 school....Think critically, and be careful who you take advice from...

One of many reasons to throw the 50% rule (and all other rules of thumb for that matter) out the window and learn to do your own grass roots analysis and critical thinking on investments.

I could use some advice and some more educated critical thinking that I can provide myself, if you please.

NOTE that the making of demand is a critical element and there are additional considerations of the contract nature.A finding that a conversion occurred is consistent with the view that “the essence of an action for conversion is not the acquisition of property by the wrongdoer, but rather the refusal to surrender the possession of the subject personalty after demand for possession by one entitled thereto.”

Hi everyone,I'm relatively new to bigger pockets and the world of REI in general. I'm going to lay out a very rough short-term business plan/set of goals, and would love your input! Please let me know if I'm missing k...

The critical element is your intent to acquire and hold properties for rental, investment or business use as opposed to acquiring properties to rehab and then sell.

I love constructive criticism

As you're looking toward your reinvestment targets for the 1031 it will be critical that your QI and accountant really help you sort through this. 

It gives you a lot of flexibility as an investor to maximize returns.Probably the most critical part is buying.