First, cost of living in your area comes into play, what is really required for the family size to get by or to live comfortably or at a more affluent life style.   

What I mean is really pertisapait stay late force yourself to go to drinks or food afterwords it's where the real teaching takes place.  

Just keep networking and send out those colleague requests to potential partners, you may find potential business partners or perhaps even young apprentices to help teach how you have found success.Best of luck to you!

I made him save some money, and then I would teach him how to get owner financing and get creative for the rest.

You're the owner and its a rental(non-penthouse style I presume) so the upgrading is likely not going to be approved, next!

It's an old building so it will need work if you were to break the heat per unit to pay.This will be going to auction next week so if I were interested in putting in an offer it would have to be this week or do I just let it go to auction.If you need more information please let me know I'll do my best to see if this will work or not work, but like I said I only see it working if buying low so I see the cashflow coming in.Here are my numbers bank asking $169,000there was a 4 unit that sold for $140,000 different style two ranchers and duplex.  

Account Closed,This is a classic example of trying to do something before you know how.At this point, all we can do is see what can be done to salvage the deal.One of my mentors teaches that there are four levels of Real Estate:1.

I agree with @Russell Brazil it needs to fit the style of the house as well as the neighborhood.

You can teach someone to dive off the high board with experience and books but until you do it yourself, you will not understand it entirely.  

Thus no divorce :)They both held teaching jobs during that time, so they weren't in full hermitage.