The excess funds or profit from the sale shall be split evenly 50% to the Sawala's and 50% to me.All mortgage payments, taxes and insurance payments tendered and or paid by me or my company shall be reimbursed from the Sawala's 50% share of the profit to me or my company at the time of closing the sale of the property to the end buyer.

4-5K seems excessive. 

Darrell Essex,This is a topic that has been talked about excessively here and depends upon your personal situation.It typically is a bit best to get a couple deals handled to build up a bankroll unless you already have some funds.At some point if profits are enough you will want to consider an S-corp or a C-Corp to shelter profits from too much tax.By the way if you're ever in Lake County or in the Northbrook area let me know.Sincerely,Steven the Tax GuyYour guide to IRS laws, rules and regulations.

Banks can and will refuse to renew performing loans if the bank has no appetite for that loan type when your renewal date comes up, or if the bank is under financial stress and is attempting to shore up its capital.And if you use leverage, I’m an advocate of closely monitoring the debt coverage ratio across your portfolio.

Multifamily you can get in with 75% LTV and on top of that lenders will let a seller hold a second of 10 to 15% thereby increasing your leverage into a larger property with more upside (of course bought correctly).With triple net you can get in as little as 5% down on certain properties like a pharmacy with a brand new lease in place but you will not get close to a 10 cap.You are getting ultimate security for your money versus other RE investments so the CAP reflects that.Those type of properties are more annuity type properties that you hold long term to be paid off for retirement.If you want yield in triple net and good rent bumps you go for restaurants etc. but those require more down (around 20%) bbut purchase price is lower as lenders have less appetite to fund those.

If each of those individual payments going out could be invested to yield in excess of the delta Jon describes then you should take the latter loan.Other things to consider are the risk associated with having to make payments each month, the impact on your ability to borrow more money, the inflation rate, etc.

@Sri YalamA bubble implies that there is an excess of inventory or an unsupported increase in prices.Right now, there is a shortage of housing based on the demand for living in the tri-state area...It would take a lot of building to meet that demand, which means we aren't anywhere near a bubble.It would take a shock to the system to curtail demand.

Send them a letter requesting payment for the excess.  

I currently self manage my buildings, but I have used 2 different PM's in the past.Both I had zero luck with, the more rentals I would buy the more money I would lose to excessive costs or past due rents etc.  

I had no appetite or time for a major rehab project--I had (and have) enough unfinished home improvement projects at home!