I can tell that when he repaired things he didn’t cut corners.

i think the going rate is about $30/sq.ft with a sink cut-out. i can refer a guy if you'd like. you can also hop onto fb marketplace and shop around there as well. plenty of options.

He is skipping a step in the model and going straight to a 3 day event, at a HUGELY affordable price so more people can attend, take notes, and build their business from there.

No pets usually cuts your tenant pool by 50%.

Do you want to become skilled at scouting new restaurant locations and growing your portfolio of restaurants, or do you want to become skilled at making Cold Cut Combos and interacting with hungry customers?

Even if I doubled my vacancy rate though, you'd still come out ahead cash-flow-wise, both on both straight dollar amount and on a percentage basis.The only other things I can think of to make this estimate more conservative would be to bump up your property management fee from 10% to 12%, since we already discussed that this is a rougher area and therefore you'll have to incentivize the best PMs to take on a property like this.Overall, nice find! 

You could list is as "rent to own", some people who do this are straight up theives who are looking to rope people in with realy stringient terms that basically amount to live here for 30 years and if you miss a single payment you lose your property and have to start over. 

Let him know that there are ways to cut the retirement age just by investing in a few properties.I have a podcast that focuses on first-time passive investors.

Does anyone have any recent experience who can speak to the process of cutting through the red tape?

Have seen a lot of investors lose properties to foreclosure because they cut their cashflow down too much.Where are you looking to buy more rentals?