What about food pantries or being used as a homeless shelter at night?

If you analyze that scenario many agents are making pay relevant to a fast food worker.I don't know any brokers/agents that get excited about putting in a lot of time and energy for a low return.

When all else fails, consider the risk/reward ratio of a thing.

The pork prices you have to make sure the food contract is locked in because if not when meats rise your cash flow with labor will get crushed.I see restaurants all the time where the buyer throws in 100k to 200k of build out and then burns out in 6 months and then they dump for 50k and take 25k down and finance the other 25k with a5 year fixed note and 25 year amort.

Welcome to BP Nation Robert, stay active on the site and engage the community, those that do reap the rewards.

You hit the nail on the head Karen Margrave, Food Fuel & Lodging!

Or, find a partner to share the risk and rewards with.Best of luck,Kelly

After watching Rent-A-Paycheck deliver a washer and dryer to my rental (and after ensuring they did a proper hookup), and reading The Landlord's Survival Guide, I'm thinking that there must be a way to balance acceptable risk of repair with increased profits.The Survival Guide suggests making different "package" levels, the equivalent of, say, a small, medium, or large fast-food meal.

I agree with you Joel, while 21 units typically draw in certain kinds of tenants, I believe it still can be rewarding if we are careful.

Once I hit a certain level of profit, I'd like to come up with a way to reward him for having hopefully contributed to a successful flip (bargaining with subs, looking for ways to cut costs, etc.), so my plan was to give him an increasing cut of the profit as it grows (and have it cap out at a certain point.)