I rest my case.  

The rest of the rehab and estimates look to be on track since we reduced costs by acquiring and pricing out all of the interior materials ourselves (e.g. granite countertop w/ undermount sink, vanity, cabinets, fixtures, etc.) so all we are really concerned about is labor and we have some wiggle room with that.$28K is all Exterior (Siding, Roof, Light Landscaping) and Interior (Kitchen, Bath, Light Drywall, Minor Plumbing Repairs, Paint, Trim) but this number is bumped up a few K like I mentioned earlier.Right now this is part-time but we are working to make this a full-time endeavor and should do so within a year assuming the market doesn't nose dive like it did in 2007/2008.

Enjoy your the rest of your week. 

I am brokering a deal for a property in Lancing Michigan the borrower makes good money, the PP is 660k He is willing to put up 330K in cash and finance the rest. 

They (need to) know stuff (to get their license) that the rest of us don't necessarily need to.

I also love watches but would be content driving a used Hyundai the rest of my life..it's just about prioritizing. 

Rest 50 will adopt things one a reminder or 2 goes out.

However, I do have this condo that I might be able to squeeze even more value out of following the rest of your advice, so thanks for that!

Anyways here is my current assets and liabilities and I want some advice on the best way to purchase the homeCurrent Residence Value $1.2M debt $200,000Rental Condo Value $650,000 debt $229,000Rental home 1 Value $65,000 rented $800/mo cashRental home 2 Value $65,000 rented $850/mo cashRental home 3 Value $65,000 rented $950/mo cashRental home 4 Value $65,000 rented $950/mo cashRental home 5 Value $65,000 rented $500/mo(our maid)Land Value $150,000 rented for $700/mo cash to a car lotLand Value $150,000 rented for $350/mo to a small hair salon in a 400 sq ft structureAlso have a car financed at $1500/mo, i know i know cars are bad investments, well I have an incurable disease and im not going to live forever, so I put half down on my dream car, its an exotic and should appreciate anyhow, and financed the rest at 1.99% through chase private client.So my issue is when financing the expensive rental was debt to income, as you can see alot of the rentals I have are lower income rentals and the people pay me in cash.

The owner's father had been a Marine, and the rest is history!