We lay out a very simple framework, are in the business buying and running apartments, run a vertically integrated company and share our successes and failures with our community.  

Definitely recommend visiting and getting a lay of the land as Cincy does have a unique layout.  

The lot lines aren't going to change, but the layout could be a benefit to the right buyer, just as it was for you!

There are some practical tips to avoid this for buildings based on building layout, direction of street and other city building compliance.

Richard Anderson the HELOC will change the DTI but the lender might be able to help you choose which company to use and also lay out your strategies for you, so it wouldn't hurt to talk to a lender first either way.

It's counter intuitive but real passive returns that are lower than projected active returns can actually be better because you will again look at #1 and reality doesn't surprise you like it does so many investors who buy a duplex expecting unrealistic returns only to be experience the negative consequences of false expectations.3.

The layout and calculations are used over and over again, usually once for each property, but several times if you are uncertain of your assumptions and want to see what kind of ranges you are dealing with.A database is a collection of records on any subject you could possibly want.

<2,000 sq ft, simple layout construction = 1 week tops and I'd want to get it done faster.

I agree, it will come with knowledge and skills, not just RE skills, social skills, the skill of persuasion, analytical skills and intuition, that's really tough to teach.That's what a teacher is suppose to do, make the student think, if you can then great, making them think in the right direction is a real trick, especially in RE.I'm not going to hammer away at guru stuff in this thread, if people are interested in my opinions they aren't hard to find.

After walking the property and running the numbers, I felt the location and size of the home offered multiple options -- I could continue renting it to students for good cash flow, or renovate it after the current students left and make a profit.The layout was choppy and the finishes were nothing fancy, but I decided to move forward and, after a little negotiation, we settled on a price of $282,750 for a property that was rented for $3,120.