Unfortunately he is still incarcerated pending an appeal on his case and I am not the professional real estate investor that he is.

Curious on your thoughts.

And LP is burned if syndicator hedges and shops multiple groups who are interested and spending money on DD ultimately not get the deal.Reliance on single relationship: again, larger checks mean few LPs for syndicator.  

Purchase price: $100,000 Cash invested: $1,000 Sale price: $115,000 My partner and I found this property on Zillow listed much higher than the value.

I'm not sure what you'd learn that you can't find online.

My water usage bill is the same,  general lability coverage is the same, if and when I have to replace my water service line it will cost the same, the cost for my lawncare and snow removal costs the same, exterminating services cost the same and the list goes on.   

This all comes down to how you're structured, how the flip cost were accounted for, if there is a partner (you mentioned "we").If it is an S Corporation and you "distribute" or "sell" the property to yourself, if there is any loss on value, which probably there isn't, know it most likely won't be deductible if it's a related party transaction.  

I'm curious how many hosts update their listings depending on the season.

Hi guys,I’m looking at a property in Austin and working out the cash on cash return so I can make sure it’s a good investment for an AirBnB. 

Savan cool well it is good to start and when it is the first deal it is wiser to be cautious and not over extend one self on the payment and rehab costs.