Hi @Denise MacDonaldUse this rating and classification system I have created over time to get an idea of the "Class" for the area - A class B class & so onhttps://www.areavibes.com/Here is my rating & classification for each livability score. 80 and above A+78/79 A76/77 A-74/75 B+72/73 B70/71 B-68/69 C+66/67 C64/65 C-60/63 D59 and below F

The capital gain, $100k, is taxed at capital gain rates.The $36,360 in depreciation recapture is added to and taxed as ordinary income (No ss/med tax) up to a max rate of 25%….since it was deducted from your ordinary income as you claimed it each year.  

Otherwise, he/she can be sued for a forceful eviction and be held liable for civil penalties, damages, court fees and other legal fees.

Even with the 90% LTC, I still needed to come up with nearly 20k to get into a 75k property after fees and insurance and all that junk, plus since the rehab draws are reimbursements, I needed to come up with the initial 10k for the first draw myself, so that's 30k of liquidity needed for a relatively cheap property. 

That's not how proof works.Am I legally in the right to cancel the contract for breach of contract in a day as soon as I get this last lease-up fee if he doesn't pay the deposit?

A quick Google search shows that Class C in Dallas gives a 5.75% cap rate.

I had hard money for the purchase and got a personal loan for the rehab (half the interest rate).

Cash Plan to refinance when rates are more favorable How did you add value to the deal?

By comparing NOI, cash flow, cap rate, etc.Does anybody have an idea, which website it could be?

They have a powerful incentive - $50-$100K per year in fees on a 1-2% AUM fee is enough to make them really pressure you into making a decision immediately in working with them.