Your "all in" is $60K=$40K+$20K, which is well within the 65% ARV rule of thumb.

I guess I'd feel bad for them too, if it wasn't for the 2 big flat screen TVs that great you when you first walk in. I

Maybe reach out to Jake on here I think you know him, he is very active in IE and could probably point you in the right direction.

(You will hear me preach about them depending upon the state you live in) I have one entity that consults and is reimbursed by the other entities based upon what the expenses are:I do cut myself a salary from this entity as it consults for all of my real estate activities.

As we research what we want to put in, I have my end game in mind.

You have no income or savings to help you get out of any bind you might find yourself in. I

You can argue that the rents could be $100 higher, but sounds like the rising rents are already priced in. I

As of yet, I have not found that it is better or worse to be a Broker/Investor, but others can chime in. I

When you're done with this, you can go back and measure all of the tiles you need to cut based on the exact space they will go in. I

ROR runs from 4.5% to 8.5% based on $30k all in. I