In a rehab, $10k barely buys cosmetic and finishing.  

Decent house, '70s, 2 story, lots of land, plus a dog kennel, that, as I understand it, barely clears costs(itty bitty town). $250,000.  

My favorite line:The property has been abused by previous tenants and property has bare minimum of repairs.

As far as matching my contribution, my company barely match's anything so I am not worried about loosing that money.

How can they justify declining you corporate status based on the name you pick (baring anything obviously offensive or derogatory) if you are paying them?

“Oh, concentrate on your job for now don’t worry about it til later, don’t take on that kind of big payment when you can barely afford it, what if you lose your job?”

Our target rent for them is around 2/3 market rent which will just barely cover the mortgage.

If traffic on the road builds up the state may take the land by imminent domain for road widening and barely pay anything for it.That small of a lot size there are almost no tenants that would want a business there.

I have several properties that cash flow at $1,000 a month with the rent growth here that were barely break even a decade ago.

Rents have also gone up significantly as well.Since the poster is from SoCal Area , I was just thinking in terms of his location .I’ve also had a relative own a home for many years in Western NY , and the home barely went up at all , maybe just beat inflation .