It's just an illustration of what you can get done for you without ever being in the market you are investing in.

Building Construction Illustrated by Ching and Construction Management Jumpstart by Jackson

Lets use a real simple example here to illustrate, and these are by no means real numbers.

I understand there are probably multiple exit strategies in place and the general idea is illustrated before you begin, but it just sounds like a mutual fund to me.  

I am using it to illustrate not so much the difference in 401Ks vs.

Account Closed Ya, I wanted to illustrate the point that although I did my due diligence and ran my numbers for the most part correctly, this deal still fell well short of what it was supposed to be.

(Not that I am getting a lot of holes, just illustrating a concept!)

If you want I am going through this now and happy to talk.Disclosure:This above is for information and illustrative purposes only and is not, and should not be regarded as investment advice or as a recommendation regarding any particular security or course of action.

Not sure if I understood this part correctly (and not having dealt much with US Financial Institutions on mortgages I may be in the dark on this) - are you stating that:(all numbers for sake of illustration):- 2010 I take out a 15 or 30 year fixed mortgage on a property for 100K; 20K down, 80K mortgage (20%)- 2015 property is now worth 200K; principal paydown was 10K on original mortgage - i.e remaining mortgage balance is 70K.

@Joe T.You have received some good advice, but I would like to illustrate another way you can approach your high-maintenance tenant.