You are offered the opportunity to develop a 400,000 SF warehouse facility for General Foods in suburban Baltimore.

Working on my properties is very rewarding for me but a bad day at home for my wife with a rambunctious 3 year old boy who is just like daddy and a new puppy can really take a toll and it is hard to see her deal with long days when I can't help much.A good nights sleep makes things a lot better, like a really good nights sleep, I'm talking 7 uninterrupted hours of sleep!!

One statement that really helped me was, "would you take food from your kid's mouth to feed this tenant/applicant?"

I recognize the risks, difficulties, and other negative aspects of this type of work, yet I also appreciate the rewards available to those that have good work-ethic and a perserverant spirit.As such, I would like to see if I can develop myself as a wholesaler, or perhaps as a bird-dogger, and go from there.

Food for thought

The loan will be in the name of a person, not an entity.Just a little food for thought.

It's hard to balance rewarding longevity with monetizing the asset with avoiding unneeded turnover costs.But if you have a tenant stay for many years and never raise rent, you'll get in a situation where it will be more difficult to raise rent due to the precedent you've set, harming returns for yourself and future investors when you are ready to sell.

If we want their goods (oil, food, nick-knacks) then we must control our money supply.

Not a legal opinion, just food for thought.

Investment property is valued on cash flow and if you do your homework right, you will be rewarded for your risk.