@Joseph Bramante that still seems a bit pricey for an interest rate cap on a loan at what I am guessing will shake out around $8.25M ($11M x 75%).

@Dan Heuschele Hit the nail on the head again.

Gives me a model to replicate down the road.Here are some of the insights I heard from Tom:People are on Facebook all day longHave to nail your Relevancy Score on the ad (fine tune over time).

@Bill Brandt I think you hit the nail on the head here.  62.5% would keep things straightforward and allow the purchase to be fully tax deferred. 

We don't have exact dates nailed down just yet, but are planning another round of bootcamps in early 2023.

It's not great that we don't pick how they spend our money, unless we start raising our hands.I think you are thinking about deductibility of mortgage interest on a personal residence when you referred to the $750,000 loan amount.There is currently no cap on the deductibility of property taxes on an investment property.

Listen to me now, believe me later.JIM  Nailed it.. home warranties are worthless for a land lord.. for owner occ who has the time and patience to work through them maybe. but they are insurance and insurance is always trying to wiggle out..

Leslie nailed it...Sleeper sofa is Win-Win. 

Lawrence nailed it when he said your thinking isnt wrong, its just slow.

Welcome to the world of REI :) @Jody Sperling nailed it.