When he finishes first chunk, pay him the remaining 1k and then the 1k for the second chunk, etc.Now you probably won't be able to get the chunks to come out exactly at 2k apiece.

I wish I could implement them, but the front door needs to remain in the current location due to floor plan issues inside.

The job market has remained tight, meaning businesses are unable to find qualified talent, which should continue to fuel a growing economy as this is usually a sign that demand for goods is outpacing our capacity to produce them.

If the builders cant build a competing product, demand remains high for my product. 

@Andrew Postell what if I assume the FHA loan and there is still serveral months remaining on all the leases?

Remaining remodel costs and associated rent increases bumps the cap rate to 15%.A commercial lender in my area (Charleston, WV) said they value property around a 10% cap rate, which would put the value of the property (subject to appraisal) at around $458,000.Someone help me out.

The water and sewer bill will ALWAYS remain in the Owner’s name therefore the ultimate responsibility of the water and sewer bill will ALWAYS fall onto the Owner.See http://www.clevelandwater.com/customer-service/faq for more info.Holton-Wise does not charge the tenants for water and sewer usage because of all the legal difficulties put in place by Ohio Landlord Tenant Law and the City of Cleveland, Division of Water.

Hi all,I’ll keep this to the point as I’m sure there’s millions of posts like this.My situation: Soon to be college grad (May 22), chemical engineering job making 75K before taxes. 0 debt, 720+ credit score, and about 20K in reserves.I’ll be working in Colorado Springs, CO starting this summer and want to get some assets under my belt and there’s 2 options I see.Option 1: buy a small SFH for myself, live in it, then after a few years buy a second small SFH and rent out the other.Option 2: Try a BRRR but remain renting where ever I end up renting.Option 3: repeat option 1 but with condos instead.I have a good tolerance for risk but I want to keep things as hands off as possible long term.Background:I am familiar with analyzing deals, finding a good agent, etc., I was looking for deals (on market condos) for quite some time in MA while in college.

The lien remains on both parcels as 1 loan.

I think it works better if you have a small number of partners, and your ownership remains substantial.