But your cash flow is $12,316.60 a year, not $16,206.77...But if you notice your NOI remains the same at $53,997 per year Why? 

Some might disagree pointing out to REITs that never recovered pre 2008 values, but in this case their BV were inflated by high property prices.

I received notice last night from tenants they will not be renewing lease and may not be able to come up with remaining balance do to work furlough. 

The real estate market remains vital in Greater Tampa Bay (Tampa/St.

Should he just try to buy the remaining ownership from his cousins?

Purchase price: $30,000 Cash invested: $64,000 Sale price: $116,000 Restoration of Craftsman home, removal of one wall and flip breakfast nook into master walk-in closet.All plaster walls were beautifully in tact except kitchen ceiling, all original woodwork remained and was refinished.

The easy way would be to simply allow the daughter to establish a new contract with the remaining term of the original contract.

Another option: you put down 15%, ask the seller to do owner financing for 10%, use conventional loan for remaining 75%.

Attend tons of REI meet ups, let everyone know your investment goals and you may find a cash partner for the remaining or total amount required for the project. 

The remaining bills, like landscapers, not on a regular schedule, is processed the same day, via online banking where my bank issues an electronic check, and I could even do it via an iPhone.Tenants pay the rent electronically as well, through a service called ClearNow.