Never assume servicing will remain the same over the term of a note.You need to have your attorney apply servicing provisions throughout the note terms where fees and additional fees may be applicable.The servicing fee assessed to a borrower must be included in the ability to pay evaluation as well.But, then again, the simplest way is to make a note and you pay the servicing expenses.

Thanks for all the help, I look forward to posting some progress pictures.

@Joshua Carter a SIGNIFICANT portion of my due diligence and inspection process requires the utilities to be on.For instance, I run all plumbing extensively to check for leaks, I ensure that appliances are functioning correctly, I check all lights and electrical outlets for functionality & ground, we check the fuse boxes for functionality & condition, we assess the performance of furnace & AC systems, and water heaters, we check the functionality & safety of the gas lines, scope the sewer main and assess water flow, test for radon & meth contamination, and basically give the entire property a thorough "test drive"  --which isn't possible if the utilities are off.  

When deciding whether to sell or lease a commercial property you own (but no longer need), what are your deciding factors? For instance, say the value to sell is $500k, and the potential 10 year NNN lease rate is $5k/...

If they don't make progress for you, I would start to call other companies.

My name is Tony Le Claire and I am new to real estate investing and am excited to learn and grow as time progresses.

Take this real estate strategic investing financial tool into your new years’ plan.Financial analysis helps investors assess risks and opportunities, compare different investments for returns and cash flow, and make informed decisions about real estate investments.Financial modeling includes the following critical components:Income projectionsCost AnalysisLabor AnalysisOperating Cost AnalysisCash-flowsCapital structureIncome projections: Valuation of an asset depends on its capacity to generate future cash flows.

We lived in it for about 20 months and then started renting it out in 2022 - current assessed land value is $327,500.  

I like the idea of having a large visual platform that can be modified along with the progress.

@Junior Picanco Congrats on forward progress to financial freedom!!!