Btw, having 8% vacancy to raise rates 15% is a winning formula in terms of cash.One last note... be very careful pricing in all those "external factors".

I would say that YMMV in terms of what amount you can claim in a FE&D claim for non-payment of rent.

Wayne, I'm probably a half step ahead of you in terms of getting an SDRIA with Checkbook setup.

But putting any money down in the above scenario is a complete no go in terms of cash on cash return.

In terms of reporting, your PM should provide monthly summary statements for your review and more detailed statements upon request.

Bryan, In terms of cash flow it almost like a zero coupon bond.

One of the annoying "secrets" in this business (that you learn pretty quickly after a few appraisals) is that finishes don't add much in terms of appraisal value.

Business Overhead (Contracts, Entities, etc)In terms of #1, you can build a buyers list for free...it just takes time and work.In terms of #2, this is where the bulk of your money should go.

However, it seemed like the consensus was that my overall number decent in terms of where I would end up.Roof - In good shape (about 5 years old).

Heard Dallas and Austin are great cities to invest in and Texas is outpacing all other states in terms economic growth and stability.