Jake Burhans walks away from a subject-to deal where the mortgage is $2,100, rent is $2,829, and adding an $800 partner payment leaves nothing left. No cash flow means no margin for property management or mistakes.
Yeah, it's going to be tough though, you know, because the mortgage at $2,100. Say we had to make that payment, we can only rent it out for $2,829. And then we got to give you— say we even gave you $800, we'd be breaking even, right? And then we wouldn't be cash flowing and that wouldn't give us any room to kind of management or manage it. So I think that would be tough for us. And I obviously don't want to waste your time. So I think we're probably out on that.
