I am trying to evaluate a potential project and I have positive cash flow, however when I look at 50% rule it's negative.

@Russell Brazil, I do believe the South Carolina contract is similar in that a clear CL-100 inspection is expected at closing, even if there is an HOA, but if not the buyer only has the following 3 options:Accept the Property in its present condition, Negotiate with the Seller for the payment of these repairs and treatment, or Terminate this Contract by Delivering Notice of Termination to the SellerWe have been clear that we won't be replacing the sheathing as we are not authorized to remove the siding to do so, but they haven't given notice on any of the above options. 

Noticed that nothing was posted in my hometown's forum. 

I have my license in OR & WA, a W-2 position, and I help others as I am available.

I would like to discuss the GC position in detail when you have a moment. 

This can allow you to sell an asset, improve your personal balance sheet and/or be in a better position to get conventional financing. 

I've been looking at multifamily properties in Baltimore City and I've noticed that the cost per unit for multifamily is higher than the cost of buying a single family rental.

Hi BP,Recently I have increased my net worth (through my equity position on a property).

Hi Dmitriy I had two options:1-lend to allow them to pay back original investor, which would be interest only payback including capital at end of termor2-equity position whereby I put up $xxx to allow them to payback original investor (no interest paid on lent money) with equity income (rental).I chose option 2 for the income so it would be part owner.As with previous deals (Mortgage Notes) my IRA was on the deed and a promissory note was created as a result of the lending with a mortgage.As I read your questions and write in response I am now wondering if this is typical.

You can also get owner financing a s a first or second or other mortgage position.