Fifteen-year debt is also a forcing function.

My clients and I require rental income that functions like a reliable paycheck for 25 to 35 years, and Fargo does not provide that level of long-term income durability.If anyone would like a list of city characteristics that are likely to enable lifelong financial independence, let me know.

I'll second notion or another living wiki-type platform if it's just notes you're after, or if you're looking for something more task-oriented, Asana features project pages and other functions that track data and next steps.

They are one of the largest property managers in the city and offer many different career paths.

Using ai's, to build ai's, who create custom GPT's, to create specific project focused functions.

Overall housing inventory is up nearly 16% year-over-year, with the largest increases in the mid-to-upper price ranges.

You can find properties where the kitchen for example is outdated but still functional.

It’s much cheaper to keep a tenant happy with a quiet, functional unit than it is to pay for a turnover because you prioritized fancy tile over solid HVAC.

Property overview (high level): Stand-alone commercial buildingLarger and more functional interior layout than the prior locationFully built-out commercial kitchen (hood, suppression, bar, etc.)Adjacent outdoor patio space already set up for dining (big upside)Comes with all FF&E includedNo residential component — pure commercial use  Deal structure (seller carry): Purchase price written at $1.2M~$1.0M attributed to real estate~$200k attributed to FF&E (included in the sale) Seller financing on $900kBuyer cash in at closing: ~$275kInterest-only period initially (no balloon language currently in the contract)Target hold: 5 years, then refinance into a 25-year commercial loan  Business context: The restaurant historically did ~$950k/year in revenueWe are owner-operatorsConservative projections show the business can remain profitable even with slower $1k days mixed inGoal is consistency, margin cleanup, and NOI growth — not aggressive expansion  What I’m hoping to get feedback on: Does this structure make sense from a commercial real estate perspective?

Based on first-time investors we've funded the most important function outside of ensuring the numbers pencil is hiring a high-quality GC.