That way you have someone that can step in, perhaps a sister, or a brother or some one like that who is responsible enough to handle this highly valuable asset portfolio that you have.

I have seen folks go on to do great things with paid training.as well as seen many and its probably the majority do nothing with it.. and end up selling their books and tapes on E bay for 50 bucks.thats where i would start E bay look to buy every guru's books and tapes you can find listen/read all the material and see if there is anything you learn from that.   

I ended up buying them.

In small college town with high rental demandAsk price 745kGross rent: 9750/mth 177k/yr     (differed maint properties with potential 200/mth per unit increase once renovated) estimated reno (190k across portfolio)NOI: 91,475/yr   (12.6 CAP)    (includes tax, ins, listed maint for past yr)     After reno NOI 127,475/yr   (14.6 CAP) Deal info:    - Owner finance 745k 20yr at 6% 20k down minus deposits (~13k)Cashflow  = 2100mth     (self-managed) (self maint similar to the previous owner)By this alone, 2100 cash flow added per month, it will put me at my financial freedom number of monthly cashflow is equal or greater than my families spending amount.

They don't want to sell their home, however, but would rather keep it and turn it into a rental property, esp. since it is in a very good school district.Their current LTV is like 20%, very high equity. 

Due diligence ends on Tuesday, and the seller has indicated no negotiation or repairs will be made.I have a walkthrough with my contractor on Sunday, but I'm trying to determine whether what I know is enough to decide whether to purchase or withdraw from the deal.

I was able to save more money and add to my profit margin in the end.

I ended up leaving the partnership due to venturing off to focus on my startup but no bad blood.Recently I’ve been contacted by the father of one of the partners and he’s having some health issues but in the midst of it all the property is having some foundation issues.

If not, in many instances it does not end well: while hope everything goes good forever - always good to have a what if plan just in case

We did not fund the last few million of the raise, so we are allowing the final slots to come in at up to 20% APR, fixed annual simple deferred return (deferred means you get all of your interest earnings at the end when we repay your principal – and that happens when we finish building and then sell the apartment complex).This asset is our safest MF asset, in my opinion, BECAUSE the project is backed not just by our equity in the apartments – but by our equity in the entire 54-acre land development.