If not then your 6% building is simply overpriced and/or the 12% building is underpriced.The rule of thumb that I use for cap rates is that I want higher than the mortgage rate I pay for the building.

I think current rules are the lender must drop it when your loan balance drops to 79% but you may have pay for another appraisal.

I am starting to make small HML's to developers and investors and I don't know if there are rules I have to follow.

In that case, the usual capital gains rules apply.Still I recommend checking with a tax professional.

This would require a judge to rule that your personal assets should also be at risk in the lawsuit, in addition to already finding the LLC guilty and proposing penalties in excess of the LLC's assets--two rulings against you instead of just one.

Due to SEC rules, the hotel management company does not provide any financial infomation which makes the decision making process very difficult.

After ruling out the stock market (too much to start investing + too high probablity of loss) and opening a home business...

If the rules were changed to allow direct bids from the public I wouldn't need an agent/broker at all.Most of the folks I know negotiation lower commissions with agents/brokers as part of their deals now.

I can hire pretty skilled labor for $9/hour down here and WE DON'T BUILDING PERMITS OR INSPECTIONS, and I doubt I could do a second story, add a bath for much less than $48.Regardless, $215 + $48 = $263, the RULE OF THUMB on rehabs is that your acquisition cost plus your rehab cost should not exceed 65% of After Repair Value (ARV).

Rule 1 of landlording; THE LANDLORD IS IN CHARGE.