I for one am a total leverage-as-much-as-possible advocate.

He told me he'd love to sell it now and be done with it, but he doesn't believe he has that option.I'll post back what happens, but this 'maintenance lease' with a purchase at some point down the road has too many ways it can blow up.

For some reason people advocate around $250k in equity in each entity for some reason...can't remember why.

If you do enough deals someday something will blow up and you will need to keep folks calm and focused without them saying "you told me I'd get".

Every few hours, an Amtrack train blows through at about 70 mph.

Sure you can have a top producer with more closings but they want an ever better split.So deal with all that drama or close one commercial deal for a client of mine and blow that out of the water.

I mean annoyingly calling her and blowing up her voicemail and emails!!!!

Apartments are different, I advocate using an LLC because of the higher concentration of tenants, that is a different risk.So, while no business entity has ever benefited me by the perceived liability protections afforded, that's not to say they are not a good idea.

Our tenants really enjoy filling up a blow up pool in the Summer.

The bank isn't going to let you blow their money.