Or even riskier: a commercial balloon loan with a high interest rate and a personal guarantee that is due IN FULL after 5 years!

This especially true at high leverage (85% in your case). 

It is growing quickly and the need for housing is high.  

High stress but it paid off, I stopped teaching and managed to be a solo agent and since then I always had a good flow of clients.It requires a ton of sacrifice but I think is possible if you are willing to deal with high stress and make yourself available at all times for your clients.

If you skip using a new loan, you avoid the costs of origination and high interest rates, It works well for our clients in Phoenix and in CA. 

Purchase price: $204,000,000 Cash invested: $60,000,000I worked for a Hong Kong public company & high-end luxury residential developer and helped to develop a $204 million condo project called "The Graystone" which is in Seattle's First Hill District.What made you interested in investing in this type of deal?

If utilities are involved its HIGHLY unlikely it is a perfectly round number like $5k. 3.

To help in your search:be sure to find an accountant who is willing to grow with you, and is not too high priced fee-wise.

And then an actual message comes through. 2 weeks after check out they wanted to let us know about some spider webs, a microwave built-in that was too high (based on preference), a power strip with loose wire connection and several other items that they never let us know about during their stay.

Newly renovated 30 unit building in highly sought-after business district.