View report*This link comes directly from our calculators, based on information input by the member who postedHi BP ,As the description says, this is a 16 unit I have under contract.

View report*This link comes directly from our calculators, based on information input by the member who posted.

very true, thank u very much guys

I will say we have yet to view either properties in person so that will likely answer most of our questions barring a final inspection. 

Bozeman has Montana State University nearby, which attracts students for similar reasons that Boise State does - outdoor environment, good education at a decent price (compared to University of Washington, U of Oregon, Boulder, etc.) in addition to other strong  drivers such as a burgeoning tech industry, low vacancy rates (sub 3.00% market wide on CoStar - probably lower on smaller 4-20 unit deals), and limited concessions on new leases.

@Juan V Lopez doubt it would work, but you could try and go for a fixed percentage of revenue with a floor and/or ceiling.that combined with longer term could be intriguing if u were growing.

View report*This link comes directly from our calculators, based on information input by the member who posted.

They said they view the income the same way.

@John U.- I don't mind taking it initially but, I don't want to have to collect cash down the line because I don't live near by.

If those seem workable, I'll schedule a viewing.