Hi BP, I have posted some basics of this property already.

Basically, I would be getting the loans and putting up some of the money and they would be putting up the rest of the cash.

If they have your information and criteria at hand, they can handle that as a pocket listing, which means they get the entire commission.The other tricks you can get all over BP.  

So this is a for sale by owner property....basically just turns out to be a guy i know who is looking to cash out of his investment after about 10 yrs.

Below is my basic math for my investment: Annual Interest N (years) PV PMT/month Monthly Rental CF 4% 30 $ 180,000.00 $ (859.35) $ 1,500.00 $ 640.65 The 180k price tag is not negotiated yet.

I'm pretty sure its legal but I might have to check, basically I was going to give my parents the money and have the investments be in their name for the time being.

Everyone is is basically in a "let them eat cake" situation.

It sounds like you have your spreadsheet model basically created.  

It's basically a CostCo for restaurant owners.There's one in Alexandria.

Basically, you will be sacrificing 15 years to acquire 1 more property.