I’ll try to keep it simple and straight to the point.My mother has owned several rental properties for more than 20 years and I’ve always wanted to use her as a mentor.

I think that REI will give me the opportunity to achieve those design /build dreams while coming at it from the development end rather than the straight design end.

Lets also assume the straight cost benefit works for me.Is this setup common?

You might read up on Dave Ramsey's 3 to 6 months of expenses, I know that helped me get my head on straight about this topic :) I feel the risk of my husband being jobless are low, but we also have a family to support so my tolerance to risk is pretty low.Hope that helps,Kelly

I really appreciate your taking the time to set me straight.

If you do this deal with a non-accredited investor, you aren't heading straight to jail.

Am I now forced to do it as a straight passthrough, to me only?

Ken,I hope everyone learns a lot from the meeting, but I don't think it is something I would spend $600 on when the speakers cannot answer tough questions and give straight answers because they think they might say something wrong or get sued.

Make sure you get all the information straight from the LO's mouth.

Unless the seller is in dire straights, I'd say his "firm" price is closer to the real value with a gross cap rate at 12% on rents.