The negative was the amount of time that needed to be set aside for the classes.

In other words what building type uses the least amount of material, yet still gets high $ per sq. ft?

I agree there are write offs such as depreciation and expenses, but I'm just wondering if anyone figures that expense into their cash flow expectations from a rental property, and if so how they estimate the amount to deduct from the profit.

I tried using rentometer and craigslist and i am guessing the rental amount. constructive criticism is much appreciated and your rationale.

My only advice is no matter what the 401k custodian says make sure you consult with a tax professional so you withhold the proper amount. 

I have a good amount of money set aside in assets that was given to me by my grand parents, roughly $250k.

Realtor.com has an overlay when looking at listings that shows the amount of crime an area has, it is broken down by city blocks in many instances.

Since we both have different amount of money available to us to invest, we'd like to structure the partnership in an equitable way so it is a win-win for everyone.Let's say we all put in $50,000k each into the LLC as starting capital.

The projections your bank will make and DCR they require, tends to push your loan amount down.

In my market (and many others) if you do a certain amount of work to a property than you have to bring the entire property up to code.