Are there any repair items that need to be taken care of on the first property?

You simply call up your favorite hard money lender and send them a few items and the project is funded.Crowdfunding should be a source of capital for parts of the space that would not be available absent the site.  

To get on with my point, today I was researching some things and ran across a few items (amendments) on the ballot next month that are directly related to real estate investing in Louisiana, state wide.  

Some of the less obvious items that I've been nitpicked on:- paint underneath the sink and in the utility closet- any tree branches / weeds touching the building perimeter- clean window frames (the channel where it slides had to be spotless)- common area / hallway must also meet code regardless of how many section 8 tenants you have

Continued good luck to you and your friend on this.BTW - We welcome any donations you feel like throwing our way.

Now there's no more negative cashflow, but some major repair items still exist, which I can't put more capital into having repaired.I've learned a great deal, but haven't been able to recoup the capital investment that was sunk into this project.

There is a $50.00 application fee due at the time of the consultation and you would pay NOTHING else until services are fully complete, and since we are now non-profit, the client only makes a donation that they can afford.

I'm a little confused about how the depreciation works on items that don't last 27.5 years, such as flooring, appliances, cabinets, etc.

what about other items like school quality, crime, (un)employment, analysis views on future outlook of area?

. ________________________________________ Comparable Sales The comparable sales method compares the donated property with several similar properties that have been sold.