Stop being google lawyers and doctors and CPAs and actually pay them for advice.

A few people who own rental homes outside Facebook and Google headquarters found the Corp does not keep the rooms occupied.

Alan Lambkin is it truly a D class property?

The odds that first meeting leads to a wholesale deal isn't high but the added experience will always help with the next visit.

Monthly Insurance - 106 (google Insurance plus flood insurance)Other Expenses - 157 (taxes based on MLS)Variable Land Lord Expenses Vacancy (% of monthly rent)- 112.5 (5% of rent, Bigger Pockets recommendation)Repairs and Maintenance (% of monthly rent)- 112.5 (5% of rent)Capital Expenditures (% of monthly rent)- 182.75 (8% of rent)Management Fees (% of monthly rent)- 247.5 (11% of rent)Future Assumptions Annual Income Growth % - 1% (i just looked up Honolulu’s inflation rate)Annual Property Value Growth % - 5.59% ([CAUTION] https://www.neighborhoodscout.com/hi/kaneohe/real-estate [CAUTION])Annual Expenses Growth % - 1% (same inflation number)Sales Expenses %- 7% (bigger pockets estimate for a real estate agent’s sales expense % which included closing cost and price for a deep clean of the place prior to selling)

End result was living in a much better house in a much better location for a net cost of less than my previous house plus it added another rental "unit" to my portfolio.

Our setup has us splitting losses 50-50 as added insurance to the investor and as a way to show i have skin in the game. 

Why don't you take some pictures and put up a test ad on Zillow/Hotpads/Tulia to see if you can get high enough rent to make your primary residence cash flow?

So I am wondering if we should have been very clear that we wanted this duplex for the "added value" we wish to bring (by rehabbing) and turning around and renting & refinance...

He added my name to the title in February, and after 6 months, Huntington Bank said they'll give me a HELOC which I'll use to buy him out.