And if the right property is purchased you can recoup the money to pay back loan and any other start up costs to repeat the process.

Plus, syndicating often no longer makes me competitive because of all the fixed expenses (like creating the PPM, the LLC, and generating tax docs).So, for those small deals, I’ve simply had people (2-4 people) lend directly to my LLC, backed by the deal in chunks of ~$50K.

Opportunity cost is the name of the game, in a fiat system where we create money out of thin air; Money now is more valuable than money in 30 years.

We had competition and they had bucks.

It might be a good idea and it shouldn't cost too much as it is all computer generated.

Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620, many blemishes, but should have no evictions in last 2 years.

@Samson OniI would ask for a credit for the amount it would cost you to fix.

Reliable and Cost-Effective Drain Services in Cleveland, Ohio As landlords operating in Cleveland, Ohio, we have often faced challenges finding a cost-effective and consistent drain service provider.

There is also room to add on and make it a triplex, I need to get quotes for the cost. 

After analyzing the deal further, estimating holding costs, realtor fees, monthly costs on hard money, estimating the worst case scenario of it taking three months to sell (average time here is 43 days), rehab costs, insurance, etc., I am pretty sure we need to pull out.