Let's say I have 500k down payment and borrow 500k, and the monthly mortgage payment is 5800, and out of that, 4800 is mortgage interest, and I pay 2500 annually for insurance and 10000 for property tax, could anyone please let me know how much UBIT I would be subject to?

Not sure what market you are in where rents are going down dramatically, rents have been going up in the markets where we do business.

Once you get your systems down, you have a real estate business model that you can take to any market and be still be successful.

You know it’s funny back when I was flipping in dc pre covid, I was always amazed at the prices and in the back of my head was like I cannot believe people are paying 800-1 million to be in a tiny rowhome in a frankly pretty rough area, now of course everyone who didn’t grow up here throught it was just was the way it was, but growing up here I tried to explain to everyone just how bizzare it was that the city was so much more than then the burbs, (from 06 on there were entire areas that went up fourfold, where as the burbs were kind of flat for a decade) I won’t say I saw dc’s crash coming but it seemed so unnatural to me having grown up in the area, I also don’t think we’ve seen close to the bottom as far as urban real estate, as you said you can still trade a house in the city for one in the burbs but really given how urban living is + remote works, cities should be significantly less than an equivalent burb.

Have you tried to call the city or to go down there for a reality check?

@Chloe Hohman  Agree with Nicolas, I don't see any money for you in this deal.Even if you could put down $50k, and financing $200k, with a standard 30 year 7.5% mortgage, your mortgage payments would be $1400 per month. 

Every market is different so you need to niche down into the neighborhoods to get accurate numbers.

@Joseph DaviniI agreeBut I wonder where all the “housing shortage” folks and “interest rates coming down prices will double” people are?

Keep that in mind, these people have been conditioned to use there head as a neck weight.

I have been ignoring a lot of her communication because deep down I dont want to actually split the portfolio or buy her out of her equity, I am just fine continuing along the path we are on.