If your trying to redeploy your capital,  do you think that you can get more than 8.5% through other projects and could you do that more than once during that 4.5 years? 

Hey @Brendan Lim, what is your projected 5-year IRR (or Equity Multiple) on this investment? 

Time Commitment - Basically if one of you spend more time on the project than the other they should be compensated for that time.

It was held by the previous owner for a very long time, so I wouldn't be surprised if some basic facts about the house are incorrect.

The place where you can add value with no money is a situation like: you find project A, it is a 120k purchase and it should need 80k rehab but you can get rehab done for 65k cause you can do some of the work and you know how to save on materials and you can manage the rehab. 

Projected rent $7000/ mo.

Now, I'm not an attorney, so I'm basically mansplaining something that I am not qualified to comment on.

Fast forward four months later and $30,000 in renovations, and the project was still not completed.

From there determining what you have budgeted for your first project.

I tried the Reia and it's basically a giant sales pitch