It often took several days for the home warranty company to get a contractor out to the home, even if the repair was for a critical system (e.g.

I have been a vocal critic of turnkey properties on B.P.   

Not only will you be unable to stop the bank from debiting your merchant account, you'll also incur charge-back fees and the distinct possibility of being classified as a high risk merchant, thus either placing you on the Visa/MasterCard fines program, or raising your merchant rate and holdback ratio.  

If you walk this path, it will be critical that you put in the time to decide who to invest with.

The biggest distinction in my eyes is scalability. 

And properly structuring the capital stack is critical. 

If you're a single mom with student loans, a car payment, and living paycheck-to-paycheck, then $20,000 would be devastating and a reserve is critical.

I have dealt with Cities/Counties many times and depending on the municipality and the particular building department, you have the distinct possibility of never getting a permit for some units. 

As a real estate agent, I cannot stress enough how critical an open house is to sell a property.

There should be a formula in your Excel program to help you calculate this... you want to use the yearly NOPAT number as the payment... this is a critical concept in evaluating deals so be sure to google this for more detailed information.ROIC = Return On Invested Capital.