The concept is great, but it gets drowned in red tape.

These are just estimates but when you have no concept of what things should cost it helps.

Most people are not as familiar with the mastermind concept so DM if you have any questions!

Bottom line there are many ways to succeed in and around real estate.. the most simple and easiest for most to understand is the concept of being a landlord.. 

With the Franchise concepts theoretically you would be much farther ahead.

I understand the concept of being overleveraged with-in an individual property. 

Simple in concept and less so in practice.  

I too had a hard time wrapping my head around this concept at first.

Novel concept...ask the owner (Borrower?)

My day to day job is that of a commercial real estate broker and in our business we have a concept called a base year pass through whereby you can pass those annual property tax increases on to the tenant.