Purchase price: $315,000 Cash invested: $110,000 Sale price: $550,000 Asset was owned and ran by a mom & pop who held it as their 1st investment.

Purchase price: $315,000 Cash invested: $110,000 Sale price: $550,000 My partner and I held it for 16 months and in that time we took the average rent from $415 per unit up to $650 plus $25 water bill back.

If you make a good faith effort to mitigate and cannot relet, your current tenant is most likely going to be held liable for the remaining rent.

(BAD)                                                                                             I have had success flipping several homes and held a few renovations as annual rentals for 10-13 years until they paid for themselves and created an income stream.

And the insurance money is often held by the insurance company until there is a rebuild contract. 

Very common misconception.As the other posts I've referenced have said, if you want the limited liability protection of the LLC, you need "everything" to be held by the LLC. 

Wondering if we should have held out of course for a better deal.... we will be out a down payment and rehab money at the end of this (~25k all cash).

The structure was being held together by old rotting joists, some sketchy early 1900s masonry and a large tree.We started to demo what was left while bracing the wall in the middle since there was nothing really holding it up.

yeah I know it sounds corny as hell, but for this market it’s held true ;)

We've held off on going the securities attorney route but it may be time to and allow outside accredited investors in our deals.