Bc it cuts out the power bill, you can actually charge more to rent the property.

He said the old iron pipe had deteriorated and he would have to cut in to the wall to replace the drain pipe.

The reason we would be willing to take such a salary cut is to invest in more free time to focus on real estate.

Starting a group is more likely because the groups are usually close and adding someone new cuts into everyone’s profits.

My plan is to cut that in half so that I can qualify for traditional loan as I continue studying real estate and bring in private lenders.

A 2-3 hour drive to get to the property thus requiring a property manager since I work full-time, which cuts into the cash flow greatly, which is my primary goal.

That's not nearly enough margin to cover repair costs, closing costs, financing costs, realtor costs, your profit, margin of safety, etc.I'm not familiar with the property's neighborhood, but your property management budget of 8% is on the low side. 

But in front of my boys (9and10)..Right before I pull up to a property to cut the grass..

Cut your gross margin by whatever you are asking him to cut his by and reevaluate.

Hello,I am in the process of purchasing one of my first properties that after the inspection I found out a lot of garage problems.It has bad roof, rotted wood, the garage door is old, the garage opener is not working (the electricity cable is cut), the concrete is in bad shape...