This wasn't a problem as that's our standard operating plan but something to keep in mind.As Bill said the business plan for a real estate investment is a simple document.

When done will get a standard 30 year mortgage with a cash out to pay back what I have put into the project.

These are some industry "standards" you can go by if you choose to get involved.

All our postcards are sent Standard Bulk Rate and that is typical to add that line b/c the PO does not want to deal with returns on that bulk rate mail.

So if 8% cap rate is standard around there, plug everything into the cap rate formula to figure out what price would induce an 8% cap rate.If there is a lot of margin for profit using an 8% cap rate, you can lower the price which would increase the cap rate which would lead most likely to a faster sale.

It only cost a couple hundred bucks and I used standard 2x4s and osb.

And I wouldn't convert anything, just update it all to current standards.

I'm curious what your cost of the stair was in comparison to a standard wood framed stair.

There is nothing but the standard contract and cover page in the contract.

It is pretty awesome view by east Austin standards.