Worst case on maximizing cash flow is you miss out on a few deals but the flip side is leverage maximizes your losses in the downturn if you cannot afford to service the debt load.

Where a larger operation will look at the small deals as a pool and have a set of systems, and people in place to deal with them. 

This is for the 1% that have both the money to buy a $1million+ building and the experience to get a loan for that building, as well as to be able to operate it.2.

But you also need systems and knowledge in order to operate the property.

The original bank recommended I get an I ital commercial load then refi after I completed it but this seems silly to pay two closing costs. 

Most investors in the area have gotten that same face to face offer from a dozen of your predecessors, as well as from all the other big wholesale operations in town.

I'm testing the waters to see if I can practice safely in regards to maintaining my balance, learning how to manage the work load and avoiding infection.

@Casey York that's a very loaded questions assuming you are thinking about only legal risks.

I know that the extra set of () will allow you to use non-contiguous cells in the calculation and excel will see everything inside as a range of cells for the calculation.If all the above is correct, my thought is that I should be adding the sale proceed to the final year cash flow from operating the property (E1+E3) and then using the result to calculate IRR.If I try something like this is get an error: =IRR((A1:E1+E3))With the first forumla above, my concern is that it is interpreting cell E3 as separate cash flow from a subsequent period, rather than occurring in the same period as the final operating cash flow.

For an llc to legal operate in another state, and execute any legal documents or file any kind of actions, that llc must be “registered” in the state you want to do business in.....typically as a “foreign entity”.