A franchisee as example that owns dozens of stores and with many tens of millions in annual sales might generate a 9% net profit return.

@Chauncy GrayHaving high cash value life insurance to store your liquidity is a great thing. 

We have several people interested in buying the property for what it is now worth and we are tempted to let it go and start fresh with a better cash position on the next one ( our BRRRR strategy is still within budget but all the $ into it is borrowed basically but long term loans that we can manage) My question is calculating capital gains tax in NJ to put into #s what the best choice would be.

I wanted to sign up for Cozy having heard about it multiple times on the podcast so I just went to the App store and downloaded what I thought was their app, not knowing the spelling.

However, I am leaning toward Totten because of the upcoming projects which includes an Aldi store some more apartments and townhouses. 

Blinds are cheap, but I'd look at getting some curtains at a second hand store.

From the legal side (you should be talking to an attorney as well), it might be smart to have him liquidate the LLC and contribute the property into a new LLC for a fresh start.If you buy into his LLC, you're buying into potential unknown off balance sheet liabilities and lawsuits.

None bank loans though being my credit score not ready to get bank loans I'm fresh out college and still establishing my score.

If you plan on repeating over and over you need fresh revenue sources, or a method like BRRRR to reinvest those dollars.BRRRR can still be an option at or above 70% ARV but this removes alot of the room for error.

Nothing is easy, and you are coming in at peak note, hard to find with hundreds if not thousands of freshly minted note investors created by the 10+++ Fakebook note guru's willing to overpay...