I am currently helping a client perform this strategy with a triplex.

@Christa S Rickard I'm sure you could operate at 21% but it suggests that you are on auto-pilot...letting the roof rot of the place with insufficient reserves...I'd like to take a look at the actual property performance if you're inclined to send it over...

Third, when to property is sold you collect the difference between what you had it for in the purchase contract between you and the seller and the new buyer, which is the tenant.

It should all be done in house under one roof, no third parties unless it is a home inspector. 

If you are working with a broker who isn't giving it his or her best effort, then find a new broker, don't try to get the one who isn't performing to perform by offering more money.

But, historical cap rates don't necessarily illustrate the performance of the assets in a given area.

All he's performing is messenger service not requiring E&O insurance that PM's carry, or a PM license.

By purchasing a discounted property with cash and performing a light remodel, you are borrowing against your asset and with the right lender, you can get back 95% of your cash. 

So now you'll have to wait until the third month.

However, you don’t get that money back the expectation is that your foundation works or is performing properly.