If you use a downpayment, you still have the "opportunity cost" of the money, meaning what you could have earned on it if you invested it elsewhere.The minimum positive cash flow that I will accept is $100 per unit per month.

Screwdriver, pliers, claw hammer, utility knife and extra blades15.

If she needs to build and you have some extra cash, check out some of my other post, they could help you both.

Get a second job and save all the money you earn from the job.

Hence the IRS has a bit of extra protection compared to other junior liens if and only if they want to bring cash to the table and redeem the property.John Corey

Mostly the extra revolves around taking out a mortgage.

Congrats on your first deal.One question...In Minnesota, the mortgage broker is required by law to give the borrower a good faith estimate (a draft HUD) so there is less sticker shock at closing and so the lenders don't sneak in extra fees at the closing table.Is this required in your area?

At the same time if you are too far off what the other parties expect you might put them off the deal or have to spend extra time explaining the point of the deviation.John Corey

:PIn addition, the use of the non-gendered name, also provides some protection against wierdos/creeps/stalkers that are surfing the internet.They usually don't make the extra effort to find out who someone is - they go right to the photos/names.

It's a combination of having a more secure stream of business that we can rely on (arrogance to some degree), having lots of work to get done, having heard just about every sales pitch from every investor in our market, and also knowing that in most cases, our properties sell themselves; whether you buy it or not, it'll sell.Like all listing agents, I love earning both sides of a sale.