Feel free to direct message me so we can connect and discuss more in detail your scenario.  

I am trying to figure out how J and Dave got to $65,000 in the following section (I am reading the eBook version so page numbers won't correspond with the physical book):  Towards the end of Chapter 2; "Finally, notice that the owner equity in this business totals about $65,000; because John is sole owner of the business, that $65,000 is the value that John transfers to his PFS and can claim as his ownership value in the company.”Everything up to this point was clearly explained on how they got to the number, except this $65,000.

If you total monthly rent is $1,000 (you should verify) with a property value of $145,000 may not work in order to cash flow.

If you are wanting to learn more about how to protect yourself as the PML, check out the book Lend to Live: Earn Hassle-Free Passive Income in Real Estate with Private Money Lending available in the BiggerPockets bookstore!

Feel free to message me with any questions and what areas you are considering.

Pick your top 3-5 filtering questions and include them in your post to be answered by any PMC interested:)Please feel free to PM us if you'd like to chat about creating those questions:)

I am currently in negotiations for buyout, it appears non protected are holding firm at 40k total and the protected tenants want 85k total. 

I can't tell if you meant you bring in 2,450 total or per unit.

Instead of getting the property free and clear, you keep the existing loan in place. 

Feel free to reach out with any questions!