You'll most likely see appreication, but the heavy negative cash flow would offset the upside in my book.

I think the tone is somewhat negative, but I agree with the overall approach.

I only have an interest in Atlanta because that is my current location.

I'm not sure of how much I should be asking for as a return or if I should be asking for a percentage of the profits (as it may be substantial) and how/if I can protect myself of any possible negative outcomes.Thank you for taking the time to read this and many thanks for any replies.

If I kept it as a rental (after 70% refi BRRRR) the mortgage would be the rent, I'd negative cash flow Maint, CapEx, Vacancy, and self managed.

I know in the worst-case scenario, if spend money to make the repairs I can pull a HELOC/ private loan and in the long run the benefits outweigh the negatives and all the expenses (as this is an investment).

FYI - I only recently discovered the land trust option after talking to a local attorney in the Chicago area.Thanks

At first glance, this sounds like an imputed interest problem when the IRS reviews it and sends you into negative cash flow.

I've no doubt in my mind that the particular staging went a very long way to sell that house as fast as possible for the highest dollar possible.I guess I'll tell one more story about my experience with Marcus, one that I'm a bit reluctant to say because I have tremendous respect for him and would never want to say something negative.

If I find 2 or more cash-flowing properties that can rent out for over $1k/month in class A neighborhoods, do you recommend that I get mortgages for all of them or should I only buy property & renovate that one property at a time?