The hml is for $50k which includes 30k rehab expense.

What else should the contract include?

Oh yeah, we also renovated every square inch, including a new roof, HVAC, hot water heater, windows, waterproofed the basement, What was the outcome?

I complete the full house sale contract with the addendum, and take a substantial earnest money.I include that the earnest money is non-refundable in the event that the lease expires.

Here in the USA we're facing 5% rates recently, so over 30 years, your $250K house will actually cost $375 including interest and that does not include property taxes, maintenance, repairs, insurance etc.She said the catch is (at least in areas outside of Tokyo which is booming up to the Olympics), is that used real estate is very cheap so after you buy a home it's guarantee to drop over the years.

If I include the housing allowance my ROI is still very high and it just seems too good to be true.

The LLC Operating Agreement spells it all out, including a Buy/Sell Agreement for the shares that we each purchased into the LLC.

He does a great job at keeping down our monthly dues that include trash, water, exterior of the buildings, parking lot, etc.

I am told that it is fully furnished & ultilities are included in the rent.

If you cash flow including all expenses, maintenance, cap ex and vacancy after the refi I would take cash out and rent it out and invest it on something else as well.