I'd need everything including multiple kitchen sinks.

In the case of Japan, homogeneity (whether real or perceived) lends itself to comparison with other populations as a whole but does not necessarily reflect the actual reality of each situation. 

The sink was from Habitat ($75), the wood was leftover from a butcher block counter, fabric from Walmart, shells and mirror courtesy of my MIL and a beach in Mexico.

Is there any reality that the loan will be called based on a failure to maintain  the equity ratio? 

I see many people try to avoid securities laws by saying they are doing "joint ventures", when in reality they are selling securities. 

@Travis HouckYour mental block preventing you from believing you will raise funds is probably "the current Reality setting in".Raising  funds without understanding the deal, or knowing how to accurately run the numbers on a property (when you don't have a circle of friends and family with large amounts of cash) is probably a long shot.

The reality is that if you buy a property and fix everything at the beginning and screen your tenants properly, you won't be receiving many calls and hopefully won't have to chase many tenants for rents.  

I don't know how many times we provide real comps to the appraisers to help them adjust their number to fall in line with reality, but I'm pretty sure it is every other day. 

Also the FOOTBALL lol I guess you can say I am a dreamer, but I am looking to make this dream a reality.

Then, in Year Six, that $3K CAPEX roof expense could go away completely (although in reality you might continue to set aside funds to address the next major capital expense).Just keep in mind that projecting out much more than 5 years is like trying to predict the weather a year from next Monday!