Or if the client is trying to sell a mixed use asset like a convenience store restaurant or motel, they will frequently try  to negotiate higher allocation to the land and building and a lower allocation to the FFE (fixtures and equipment) since only the land and building can be included in a 1031 exchange.When and if you finally sell without a 1031 exchange a higher land value can certainly be a huge tax mitigator!

Finally I'd try my best to incentivize good tenants to stay.

I'm super excited (and super nervous) and I'm glad to finally take some real steps on REI.

I struck a deal with my wife, she would read Rich Dad Poor Dad and I would finally read Harry Potter.

If I'm only bringing 10% to the deal, I wouldn't expect 50% of the final value.

Finally, small increases in dollar amount have an outsized effect on tenants paying lower rent.You also don't mention mortgage details, and at 15% down you will likely have PMI, so just make sure that is included.  

Occasionally we will have draws usually 4 draws with the largest draw being the final draw, when work is complete.

You could give the tenants 2 or 3 color options that match the existing color scheme and let them make the final choice so they feel like they have a voice in the process. 

I kind of feel like I should stay on the grind and not slow down, especially since I'm finally getting somewhere.

My name is Tim and I've been following Bigger Pockets for quite some time now, and finally it's time to join the community!