@Jay Helms,So funny, I'm sitting here excitedly figuring out how we're going to make the 17th-18th work with all the kids during the W2 Capitalist summit and I couldn't put my finger on it but I knew I had seen your photo before....and here it was!

Originally posted by @Merritt S.:It's

Am I to sit down with each one, looking at their bank statements, cell phone bills, electric bills, gym memberships, credit cards...and say if you do this or do that you can afford to pay me this? 

It sounds to me like you can't afford to sit on a vacancy (or three) so you're asking the Seller to take a loss.

Just because I see lots of people, even outside RE, claiming that they can cheaply outsource management or some task then go sit on the beach.

Even fortune 500 companies are calling their landlords to renegotiate leases on their buildings as they sit empty.

I'd be taking money out that has been sitting in money markets for the past year and putting it towards assets that have tax benefits and provide more cash flow and possible equity.

Again, I don't have the money to place another home and the land will sit empty requiring lawn care until I do something with it.

If you are following the same financial model because you are buying similar properties, you now have 200k sitting aside.

The property is owned in my own name, and the LLC is currently sitting useless.