., Rich Dad, Poor Dad (actually I read the entire series), The Ultimate Beginner's Guide to Real Estate Investing, The Book on Rental Property Investing and The ABC's of Real Estate Investing) plus I've attended or watched at least a dozen of his webinars. 

Ultimately I think he should sell the property and get out from under it and he should breakeven at least, but I don't think he is willing to go that route.  

If the difference is 10% until you ultimately cash out after rehabbing and the cost/rate is as described above, I would choose the structure above. 

Of course, you need to read The Ultimate Beginners Guide to REI here on BPIf you haven’t already, please read/listen to these books ASAP!

Ultimately price and location will determine whether that buyer considers it a deal or not.Good luck!

@Takeshia Martin  Ultimately, this is a question of how risk averse you are.  

This is ultimately not a discussion of which market is better IMO. 

Join me so you can feel a sense of accomplishment on your way to accomplishing your ultimate goal. 

Agents not having the experience in our field, combined with not having the oversight of professionals held to higher ethical standards (CPMs, GRIs, RMPs, MPMs), will most likely not have your best interest in mind but only that ultimate commission.

What exactly do you ultimately want to do?