Banks like to see 1.25 or higher if they are going to lend on a project so that is not a bad place to start.

If you are tight on cash flow, it is recommended not using reserve, but these days we have credit card that can cover the unexpected repairs, so not using your reserve for other deals might be bad financial decisions. 

As we are balancing a young, growing family and career, life is busy and crazy at times, but we are anxious to get started in REI, in one form or another.To avoid staying on the sidelines for too long, we are steadily chipping away at our "to-dos" to get started.

This is another deal where Capella earned over $100K in origination fees, the loan quickly went bad, and now Capella principal Corrine Cordon looks to further enrich herself by buying out investor interests at a discount (offering 75 cents on the investor dollar).

I believe you made the right choice by giving them back atleast something so they wouldn't feel too bad. when it comes to newly mothers having premature labor, they can tie it to the chemicals from the pest control, unless you are using eco friendly 100% natural product, either way it can fall back on you.

. $30k left over before paying buyers agent and closing costs = really, really bad deal. 

I looked at the 1065 and it doesn't look too bad.

I know from searching the member area, there aren't many members in the Wiregrass Area to connect with, but I am eager expand my knowledge into the flipping side of real estate and look more into taking my career to the next level. 

The 80 yr old owner had a bad property manager on site, he cleaned every tenant out and started over with 15 new tenants, with only 4 available units, and slowly working on the rest. 

Is a duplex a bad idea?