Lesson learned, although, I didn't hedge for a discounted price, the apparent growth in the local market helped boost the intrinsic value, albeit through some managed luck, and thereby try out the BRRR strategy to finance on the appreciated value.For those of us, who have a hard time getting non-Retail due to time constraints or lack of interests, lets just make sure our at least properties cash flows healthily!

The movie takes an unexpected turn (and I don't want to spoil it) - there are some interesting lessons about integrity, moral, greed and honesty.

For a faith boost, seek to surround yourself with others who are doing it. 

Its not a good idea, in my opinion, to throw a standard percentage to cap-ex as it can be misleading.The moral of the story is, keep good cash reserves to do cap-ex work if they arise before your reserves are sufficient, accelerate your initial cap-ex reserve rate if you know that life-spans are coming to an end, and try to get the property at a discount to counter differed cap-ex.

I just don't think the addition would bring enough of a boost to the local economy, or really raise the quality of tenants that are in that area.   

If it's your friend, leave it up to karma to take care of it, not need IMO to be the morals police.... 

Therefore, the only solution I see is to get in touch with a seasoned investor with high morals, honesty and ethics for a help with my first property or two.

The addition of Supersonic's new aircraft plant in Melbourne should be another boost for the county adding 700 new high paying jobs at the plant alone.

It took all that was in me, not to fall off my chair.So the moral of the story. 

I didn't teach him the lack of them and absence of morals that I see.