There were also some small set backs.

The NPV is the Net Present Value of an income stream, discounted to the cost of capital (or required rate of return) and the IRR sets the NPV function = 0 to get a rate of return.

There are ways to set up your relationships with the subcontractors that make it less likely that they will be deemed to be employees.  

So good, that he has another business that helps PM's around the country set up their businesses.

Figure 25% down (on small multi), closing costs, and setting aside reserves.  

I'm curious if anyone has ever set something like this up with a group of friends or like minded people and how it worked for you.

What loan has the best advantages for purchasing and setting up mobile home properties as rentals?

It all depends on what your objective of your prepayment penalty is. 

All set

Cincinnati has tons of neighborhoods and is perhaps one of the most difficult cities to navigate because it really is not set up on a grid - more like roads winding around the hills and valleys.