@Chris Meadorshaha, yeah its quite the ride - i posted my personal conclusions a bit further up, i did not buy it, but not because i would be overpaying - i still think this would make a great long term play, but the short term risk of not having an exit strategy for the first few years is still above my current personal risk tolerance - the key takeaways of the underlying questions were a great learning for me though, and even though its easy to lose track following this trainwreck of a thought, i hope it maybe opens a few mind horizons of how to look at numbers below of whats on the surface 🤯🤙🏼

I live 5 miles from work, so I could have cheaper rent if I wanted to sit in LA traffic, but I like having the option to ride my bike.

Do you have the skills and leadership required to run & manage the project to completion in a timely fashion.

Ride the trend of growth.

If they can't buy your friend out of the deal and he will have no personal cash in the deal or a requirement to guarantee the loan, sounds like he's in a perfect scenario and just needs to ride this out for the long-term profits.Am I missing something?

At that point, they can prevent you from using those business expenses as deductions.In a similar fashion, from a legal standpoint.

Good luck and enjoy the ride!

Real estate is a heck of a ride.

The old fashion way is the best according to me. 2.I had some challenges opening a bank account: the requirements for many banks was to have some kind of US ID as a primary identification plus your foreign passport3.

For example, if the debt was a car loan with a relatively low interest rate (2.9%) and set payments and payoff schedule so you knew that it was going to be paid off in the next 24 months no matter what, then I'd probably say let it ride and focus on your savings.