The main issue I have is contemplating the baloon payment at the end of the 2nd year and refinancing the remainder with a bank...how can I compute that into calculating the IRR?

In the end, we are all on the same team here.I don't remember ever giving anyone any advice.

you can use a DSCR loan if your DTI is too high for conventional. 

Mechanicals, roofs etc. can be towards the end of their useful life and pass inspection but then the cap ex can't be absorbed in many of these C/D neighborhoods.

.⚠️ Financing Challenges: Hard money loans carry high interest rates that nibble into the bottom line.Unrealistic timelines: If you think you're going to be in and out in 60 days, you're sadly mistaken-most flips take longer than expected.Real Talk: Is Fix and Flip Still Worth It?

I remember seeing it pop on and going "no way, that's priced ridiculously high."

You can even make collateral withdrawals as you pay down your principal.But these are usually high interest, interest-only loans.

I highly recommend you create an "Animal Addendum" which is a set of rules for any animal, whether it's a pet or service animal.

Pay particular attention to the "End the complaints" section.HOW TO SHARE UTILITIES 101You have a property with two or more units and the utility meters are shared.

With 7 properties I would highly suggest getting a PM software to help you.