If any Tenant, USING A MILITARY CLAUSE, breaks their lease within the first 12 months, this fee will be reduced to $250.00."

Hello all.
I am pursuing a deal in an excellent location in Providence RI with good cash flow potential.
It is a 2&1/2 story 5-family with 5 set separate meters and breakers. The layout is:1st floor: (two) 2 ...

The more stuff they have stored there, the less likely they are to move reducing turnover.

My overall state tax liability is unaffected because whatever I pay to OH reduces dollar for dollar my CA tax.

I have yet to see a property where I assumed zero appreciation beat any IRR I have modeled in an Appreciating market.HOWEVER, these days, I reduced my appreciation assumptions.

He basically said if someone was able to build an HOA management platform that was both user-friendly and affordable, there would be a real market there.Having deep knowledge of relational databases, java rest APIs, user-friendly UIs and just building/deploying web applications in general, plus having built these types of systems many times before professionally -- albeit in different sectors/industries -- I’m seriously considering a side project to build some type of HOA SAAS (software-as-a-service) product that will hopefully make people’s life’s easier without costing them a fortune.My question is, before I invest time and energy in this, is there actually a market there?

It took a lot of time and energy away from gathering more properties.

I would simply refi current balance to reduce payment and knock off PMI.

First is if the sponsor accepts commitments but only calls for portions of the capital while acquisitions are made, which results in you holding idle capital and reduces your return.  

Thank you all in advance for those “lessons learned.”David - I never purchase the land until I get all of the entitlements and permits and hi Ty the purchase price of the land to the density granted so if you get less than you’re looking for you can reduce the purchase price.Also I begin with the end game in mind and make sure that I have Builders lined up ready to take down the lights when I’m finished so I know what my profit is in advance.If I’m building the houses and developing the land I make sure the market can absorb the inventory at the price point I am projecting and I work everything backwards from there.