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Seahawk Seahawk is offline
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Join Date: Jul 2004
Location: Maryland
Posts: 31,833
Agree with UBilly.

Also, expected revenue and costs are the key variables and you have to be honest and conservative in the revenue ledger and add margin in the cost accounting, including taxes, insurance, admin, etc..

Are there rental comps for the area? Long term rental or Air BnB type property? How close are you to the property?

Lastly and most importantly, exit strategy should things go south.

Lots to think about.
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Old 01-08-2022, 05:47 AM
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