Amounts shown are Monthly.Mortgage = $245.85Taxes = $160.17Insurance = $75.82Water = $200.00Total = $681.84Fixed Expenses that I know I have to pay every month total to $681.84.

CoCROI = Total Annual Cash Flow / Total investment. 

Totally understand, @Christopher Veljkovic.

Originally turnkeys were always advertised as being totally hands-off {guilty, party of 1}, but people tend to take that to mean they don't need their brains for them and they don't have to manage anything.

Hey guys! My name is Devon, I’m 21 years old, I live in central Florida, and I’m pretty much brand new to the concept of REI.

About a year ago, I was on the verge of signing up for a class to get my real estate agen...

They own multiple rentals in the area... from my research it looks like maybe 15 properties total.

Rates are higher.....probably 10-14% currently.....but they cover anywhere from 60-90% of the total deal depending on the lender and the deal. 

Paul,I think the confusion comes because you are stating that you will be the "money" guy and a Limited Partner in the deals which typically means you are 100% passive and are relying on your General Partner to operate the property, do asset management, secure debt, etc.

Totally agree, but in this case if they're a scumbag they have an ace up their sleeve.

I'm working on a project for the city of Dallas and totally forgot about the agreement from last year in Wichita.