Because I have fixed the units up, an investor (if I sold) would be willing to pay a higher price (my goal of 2 more GRMs).By raising rents 50% and the GRM by 2 over 2 years, I almost doubled the value of the property (with nothing to do with overall market appreciation).Bonus:  Many a time I went back to the old seller that was carrying the note I was paying on and asked for a discount on the not I was paying on.  

The business center side would also collect about $1000.00 per month.Here's a big bonus!

Because, if you DO get positive cash flow at 75% LTV, then you HAVE invested for cash flow (ie. appreciation would be the bonus, NOT the purpose).

@Nghi Le Your attitude is selfish - you have given no thought to the tax consequences on the generous people who have given you money.

Tax benefit - 50% bonus depreciation deduction on new builds purchased in 2017 (the % decreases to 40% for 2018 & 30% for 2019) 2.

Bonus tip: Lexington has been heavily investing in the infrastructure to attract high tech startups over the past several years.

I'm thinking about some kind of bonus back to him.

Bonus tip - do regular annual stuff in your neighborhood.

A huge bonus was the residential unit!

Keep it Stupid Simple.You're a GC and thus the flipper or BRRRR operator.She's the private hard money lender.Boom, done, that's it, nothing fancy.Maybe she wants to be generous with her terms because she loves you, and maybe you decide to kick some of the net profits back to her because you love her, but that's the extent of how complicated I would make it.