I also added some numbers that I could figure out for myself and he can fill in the rest.

However, you'd hope the tenants had some common sense and told their neighbors about the situation and maybe not use the water for the rest of the night.

There were two rented and the rest in some state of turn (getting ready to rent).

Goodmorning San Diego! My wife and I have been learning and studying REI and are very eager to learn more. We are going to put our first deal together hopefully by the end of this year or early 2016. We are located in...

On the other hand, solid wood floors would probably pay for themselves if I didn't have to swap out carpet maybe twice or three times, and they are pretty impervious to dog smell and urine.Are there any thoughts on what kind of finish out to do if i plan on holding the place for 20 years and if the rest of the build is probably above average in quality?

I think the only thing that makes sense is to try and find financing to construct the rest of the units.

Just make sure you know your numbers.I'm glad someone mentioned that Boston, New York, San Francisco, etc are just different markets than most of the rest of the country.

But I also believe in leveraging other peoples' time and do, what you do best, and hire the best from the rest.

Is it reasonable to ask for 3 pts off the top before splitting the rest of net proceeds 50/50?

Even though it's such a nominal amount I needed to pay ($80), I felt a certain type of way about it, especially since HUD wanted me to overnight the additional funds or drive the rest of the deposit directly to the title company this morning.