So in other words, even though you and your partners income is solid, it may not be enough to cover the debt service and all the estimated expenses by a factor of 1.2. 

Hey there, this deal doesnt make much financial sense to me, im not an appreciation type of guy and i dont know the exact play here, but a cashflow of 183.16 for an initial investment of 27.5k money down means you would need 12.5 years to recoup your initial investment, the market there is heavily saturated and wont provide you much cash flow, if you are already factoring in property management, then you might want to look further away for better cash flow, im in the process of purchasing a 4plex that will cash flow me 1,500 mnthly after all expenses and accounting for vacancy on a 175k loan

This was always the largest factor on which GC's I did business with since its a good indicator of how healthy their business is.  

Your plans are complete, so that's good to get real bids (assuming they are quality plans and design)Unless you build for your own account, 100 bucks is not feasible.

Hi all, I'm considering purchasing my first property and am having trouble deciding (a) which type of property to buy (i.e. owner occupied, investment, or both by way of a duplex) and (b) what kind of split between down payment and loan amount.Would someone be willing to speak with me privately to walk through some of the factors, especially my personal finances?

Hello,Is it more costly to finish and paint drywall vs hanging and paneling with a designer panel?

Also, here is the statement from Zillow CEO in another article “There are several startups and real estate brokerage websites experimenting in this space, but Zillow is the only one that has designed a product to keep the agent involved in every part of the transaction, most notably by giving them the opportunity to secure new listing agreements,” Rascoff said.

Tax implications would be a big factor, as would the predetermined buyout(or methodology for calculating future buyout amount), but the big factor would be their desire to max out profits weighted against their desired quality of life.But those deals are almost always a result of being observant at the right place and time.

Add a safety factor. 

@Kareem LyonsDo you have the postcards design yet?