For restaurants, rent should ideally be under 10% of gross sales, so I believe $5,500 a month is fair.The seller doesn't have a rent roll or strong financials, and his tax returns are 50% lower than his claims.

Few things off top of my head are: - Reviewing existing lease agreements          - Rent roll           - Tenant payment history, on-time payments?         

And the ball started rolling like that.

When we cashout, we can pay back our HELOC, then roll into another property.

If you're holding that card you can play it whenever you want and get an edge over someone else who doesn't hold that card.Just so you know, lowest capital requirements are 20k, then next level 50k, then in the baller markets you better be ready to be in for 100k in one deal and if that's your entire roll then plan on not sleeping for like 6 months as you worry about every little detail.If you, or anyone, really wants to build a foundation and get into a rhythm of doing 3 - 4 projects per year then you will need to mine the opportunity and it will take more than one market. 

There are some lenders out there I have seen recently who say they are rolling out 30 day cash out programs.

And we gave a few nights to a friend in July 2023.We're in this weird place where we were doing better this year than last until May rolled around. 

The 600k is rolled into the Y2 build (same as above), this is repeated for 5 years at which point the Y1 build is refi (will have approx. 120k in equity build just from mortgage pay down, no apppreciation factored in.

You also have closing costs as well as capital gains.I would roll it into a 1031.

White on white so they can be easily bleached.There is also a method called "double sheeting" where you can use 2 bedsheets and rolled a certain way can cover the insert similar to a duvet but easier to disassemble.