Purchase price: $71,400 Cash invested: $75,058 Sale price: $225,000 Impressive amenities include an open main floor w/ updated kitchen,granite counters,tile backslash & big island; amazing fireplace; master suite w/ oversized closet & spa-like bath w/ walk-in tile shower, dual sinks, soaker tub & main floor laundry; finished lower level w/ expansive rec room,4th bed,3/4 bath w/ walk-in tile shower Superior updates also include New Windows,New HVAC ,New Roof,Fresh Paint & Carpet,Gorgeous Hardwood & Tile Flooring plus a Massive 28ft wide by 32ft deep garage too!

I was listening to a podcast today with Bryce Steward and he was talking about agreement of sale etc. he’s a very smart investor and very impressive.

Your progress is impressive and inspiring!

I feel that if you charge pet rent, or a nonrefundable pet deposit, that SOME people are then under the impression that this extra money will cover any damages done by the pet, and MAYBE they don't need to be sure the pet doesn't cause these damages since they aren't getting that money back anyways. 

BUT, I am getting the impression that if the sponsor pays back your capital and the prefered 8%(from the above example)...you no longer participate in cash flow and/or any of the appreciation when the property sells?

Cash flow for lower-tier props can look amazing on paper, but there are a lot of other factors that make real-world returns less impressive.

This has been a good discussion and a civil one at that, I'm impressed.  

. $2,500 per month is impressive, nice work!

Someone shared it with me.https://www.google.com/maps/d/u/0/viewer?

But if the landlord is getting 450 a month, I don't get the impression he is doing much quality maintenance over the years.