Anyone have insight and can translate the following into the layman English?

Read the 16% solution book. 

It was an estate who owned the asset and the executor was really good at what he does.

Unfortunately, the parents didn’t have a will, and now the adult child is concerned about what to do with the house.

Definitely looking forward to following along with your updates. 

Thanks for the post! 

I’ve been working on a simple underwriting tool for small investors who don’t want to spend an hour in Excel every time they look at a property.Here’s how it works:Drop in the basics (price, rent, expenses, loan terms)In 30 seconds, it spits out NOI, Cap Rate, DSCR, Cash-on-Cash, and a simple traffic-light recommendation (Green / Yellow / Red)You get a clean one-page summary you can actually use to make a quick “go/no-go” callI’m testing it out with real investors now.

That's $20,000 a year without lifting a finger.If I take my $500,000 and invest in a Smokies cabin earning $50,000 a year, I am buying a part time job and probably only netting $27,000 to $29,000 per year after the following expenses:Insurance - $3500 per yearTaxes - $2000 per yearUtilities - $6000 per yearRepairs & Maintenace - $7500 per yearHOA fees - $2000-3000 per year.Total expenses:  $21,000-$23,000 per yearIf I can earn $20,000 per year on my $500,000 with virtually no risk and no effort, versus another $6-8K for much more risk and headache, the juice isn't worth the squeeze. 

The whole PDF is 28 pages.

If there are questions tenants ask regularly, then have a FAQ page where they can get the answers (without a need for them to log into anything).I'd much rather have a phone tree than an AI chatbot on the other end that can't get basic things right.