My schedule hasn't allowed it, but it is definitely something that I want to check out.   

Thanks for the shoutout Elizabeth Colegrove have been scheduling some local meetups down in the South Bay..Come meet some other investors, and hear what everyone is up to, and where they're investing..

Then my work schedule got nuts, I didn't have time to study, and the course expired.

Purchase Price$145,000Down Payment$29,000Loan Term30 YearsInterest Rate4.50%Principal & Interest Payment$588Closing Costs$5,000Gross Scheduled Income (GSI)$19,020Vacancy Rate8.00%Number of Units3Pro-forma Income Statement & Cash FlowGross Scheduled Income (GSI)$19,020Less Vacancy$1,522Total Actual Annual Income$17,498Other Income (Laundry, Late Fees, etc.)$0Gross Operating Income (GOI)$17,498Annual Opertating ExpensesElectricity$480Gas, Water & Sewage$1,200Landscaping$400Maintenance & Repair$1,800Property Insurance$1,800 Property Management$0 Real Estate Taxes$1,700Snow removal$1,000Total Operating Expenses$8,380Net Operating Income (NOI)$9,118Annual Debt Service (mortgage payments)$7,053Before Tax Cash Flows (BTCF)$2,065Key Operating RatiosCapitalization Rate6.29%Cash on Cash (COC)6.07%Gross Rent Mulitplier (GRM)7.62Net Income Mulitplier (NIM)15.90Debt  Coverage Ratio (DCR)1.29Expense Ratio (ER) Per Unit47.89%Price Per Unit$48,333 What do you guys think?

I have a set 2 week on 2 week off schedule but this doesn't always work out.

That's why we're scheduling a consultation with Jerry Puckett. 

Would your father in law consider a 30 year payment schedule with the same 4%? 

Collect all of the relevant documents (the original lease, any notices given to the tenant, and the lease termination agreement), and schedule a consultation now, and determine the best course of action so you are ready to pull the trigger on November 1st. 

It would be a shame to restart that schedule and start those payments back at 60%+ interest. 

They worked with my tenant's schedule, were very professional and did good work.