@Bob BowlingThe problem with this argument in today's environment as I see it (and I have nothing to sell so this is how I thought about it for myself) is three fold.

sink, a toilet, a small corner shower, and for some reason a very large closet with double bi-fold doors.

My calculation of the monthly free cash flow after expenses is:($790 x 0.083 vacancy rate) - $415 mortgage @ 5 yr - $471 expenses = -$161.00/moBroker calculation of the monthly free cash flow after expenses is:($790 x 0.05 vacancy rate) - $138 mortgage @ 15 yr - $264 expenses = $350.00/mo My number is obviously very different than the analysis I received from the broker, mainly because I used a 5 vs. 15 year loan period, increased the “Other Expenses” by 4-fold, and increased the vacancy rate from 5% to 8.3%.

There is still some copper piping, but not necessarily connected to the system, and all of the aluminum frames have been ripped apart or dented/folded beyond repair. 

Perhaps he is bad and will fold and knows it if confronted.

Renovations can be folded into a single mortgage (up to 35% ARV or $35k max).

Lenders are folding around the country and having to only worry about one or two loans versus all of them seems way less stressful to me. 

This is 2 fold;  #1 Date before marriage.  

The expenses in your start up will be held until you can offset it in your income or up to 50K can offset your W2 if you fold that business.  

My question is two fold and I'm also open to any pointers: 1.