(Food for thought.)Continued success!

Food for thought!

I am now ready to take the plunge into what I hope is a very rewarding real estate investing career.

Often times for the major clogs it'll be something like grease poured down the drain, food shoved through the kitchen sink (we don't do garbage disposals) or feminine products that were flushed.

With the short term of the lease left you are looking at more than 25% down especially at the 7.88% cap.The price point you mention sounds like a fast food restaurant as the upscale restaurants usually have price tags in the 1.8 to 3 million range.

Rent the room, with a cash or coverd bar and catered food, much cheaper.

I appreciate good communication and rewarding it reinforces it.I post the pay or quit on the first day the law allows and start evictions on the first day I am permitted to do so.

If you are unable to pay your bills and be on the street if you lose the money, then better to be little tow in first before anything else.Otherwise, enjoy the risk and reward.

I am realizing today that my time helping others is very rewarding but I need to limit to those who are most motivated since its a time drain I cannot afford currently.

It is smaller reward, but much less risk.