It's been one of the greatest decisions of my life. 

But one thing I did and continued to do over the years was to make sure I owned a home on the SF peninsula Massive tax free appreciation can make up for some boneheaded 20s financial decisions  LOL

PART of our decision was based on what we see as increasing government interference which increases our risk.

They both warn against making a purchase decision based on the estimates.My point in posting was to make sure that I was keeping the expenses/debt service costs straight.

Second, it is a little intimidating with me being the final decision maker!

@Ernie Sturzinger I guess to answer your question...not taking cash from the deal is perfectly fine and even a wise decision...this means the building needs to generate cash flow...you just need to leave it in reserves or make planned improvements...long-term equity is much more important than monthly cash flow.

@Jason MalabuteI have never used a cap rate to make a decision.

Also looking for business/transactional lawyers to discuss STR Business entity selection and to discuss the legal decisions and implications surrounding my non married partner and I buying this land together.Last but not least, looking to connect with other investors/groups/masterminds especially in the STR and multi family space to exchange ideas!

They don’t make decisions.

Thank you sir, I will be going to my local bank within the next week or so to see what options they offer before making a decision.