Combine a conservative exit cap and higher economic loss and the 16%IRR quickly becomes 5% and the 3 year hold becomes 10.

I don't think her & myself combined spend more than an hour a week on that business. 

Residence has car port, back deck for functions.

Combine all that together and it’s easily over $1000 in savings a month. 

@Chris Wolfe I have some clients  and several friends that will each do close to 300 deals this year flip and wholesale combined.

Hard money provides the bad combination of easy debt, little skin in the game, and high costs. 

@Noah Bacon I think the fact that they are combined could be a reason this is a less-popular forum.

It's concerning how many of these cities are built and function around oil and gas.

I normally tell people to apply ONLY if they had greater than 700 FICO and income of over 45 times monthly rent which would be $110k annual salary.I had 5 inquires and choose a couple whose combined income was over $225k and had over $250k cash in the Bank.

The gas boiler scares me a little even though it's supposedly fully functioning.