You just have to figure out how to leverage it and to use your 700 horsepower personality in a profitable way.

He believes in solid companies like power, steel, etc, companies with a history of profitability and reserves in the ground figuratively or literally, depending on the industry. 

I'm trying to figure out a fair way to split deals with my son.  

Focus on the useful information.So you have already figured out your cost of funds. 

So at first let's try to figure out NOI sufficient to make this deal worth buying:TRICK: ON HOW TO FIGURE OUT NOI IF NOT GIVEN:At Asking $1,700,000.00  with( 20%) Down Payment is $340,000.00  And (80%) Loan is $1,360,000.00At 6% Rate factor your annual debt payment should be $81,600.00.

Don't take 1 week to figure out what to put on it, it can be as simple as a a random house icon, your own name, google #, and title of "Real Estate Investor".

I ran the deal with 7.5% down on the BP calc.FINANCIALSDown Payment: 21,750CC & Inspections: 5000Cash Needed: 26,750Monthly ExpensesP&I: 1453/moT:  208/moI: 115/moPMI: 175/moPM: 232 (I will attempt to self-manage for as long as possible)Vacancy @ 5%: 116/mo= $2299 monthly payment with PM, $2067 without PM in place.I figure cap-ex and maintenance will happen, and we don't know when.. as something could happen day 4 of owning the property.

You need to narrow down your interest and figure out specifically what you are looking for.

We have spent in the high seven figures on technology and infrastructure.

Now I need to figure out what to replace the carpet with and what to do with the hardwoods in the Kitchen to make this home right again.