They aren't common equity owners - their IRR is capped - which means it's relatively simple to handle a chunk of the what-ifs that come up. 

Its kinda like the game of chess imo, at first it seems simple but after awhile you realize the more you know the less you really know.    

You’ll never see the return presented on paper.

With our red hot economy due for some kind of correction, going bigger might be better for the simple logic of sustainability.If you buy a nicer 6-Plex in a nice area vs. a working class 30 unit with lower rents in a decent stable C neighborhood what happens when you get a vacancy?  

Signed and sealed pending inspections.  Excited to say the least.  Property went on the market yesterday and we jumped today.  We have been watching it for over a week and it was in better shape than we expected and t...

Account ClosedThats simple, youre correct, there are no class "B" areas in Vegas where the current numbers will be better than these examples shown..  

My comments on yours:1 - Yes2 - Yes3 - Yes4 - Yes5 - Yes...but I'm not talking about Subject To6 - Correct, but your comment was in very simple terms. 

The reason I ask is we are pitching this model to friends that may want to invest and get involved and I want to build an accurate performa.That being said, do you all have insight on what the original startup cost is for furnishings, small appliances such as coffee machines and first round of consumables (ie coffee, cleaning supplies, toilet paper etc)?

Is it a simple clause?  

My property was one of a paper trade?