.-$421 per month is negative cash flowproperty has about 85K in equity and is gaining about $700 a month in equity with the payment as well. yes refi to a 30 yr conventional is an optionThis is my only alligator in the portfolio the rest of the hold properties are structured correctly, positive cash flow.I am hearing keep the money loaned out at 16%...Please let me know if this above info stems any other input...It is just hard to see a property not producing a positive cash flow and waiting for the gain to occur once the property is paid off with OPM...and partially mine down the road in 7 years. thanks you

Sorry, another thought occurred to me. 

While money is obviously made through such friendship, that is just a by product and not the main motive ;)I am finding success does not occur without criticism.

Better rents, closer to downtown and much faster transition occurring. 

When an optionee forgets to file a release after the expiration of an option, I usually hear about an attorney calling on behalf of a seller and threatening legal action if the optionee fail or refuse to timely release the Memo of Option because it is harming the owner from selling the property. 

Other than Michael, everybody seems to be missing a ton of expenses that WILL occur overtime.There is no way possible for any home on any area of this country with gross rents of $800 to kick off the goal of $450 monthly cash flow.

In the past, as shifts in employment have occurred new jobs have appeared.  

Secondly, you are leaving out a ton of expenses that will occur over time.

- Any other "off the beaten path" nuances THAT DO NOT OCCUR IN NON COMMERCIAL that are unique to commercial that one needs to be aware of etc etc.- Anything else that would be helpful...Thanks so very much!!!

. - the year the rollover occurred inStarting for conversions performed in 2015, but optional for 2014, I believe, the type of assets being rolled over are under new reporting requirements by the IRS.