We also signed a “Notice to Terminate” which states "The property management agreement shall terminate effective May 14,2024.

Cap-ex was needed for:* Original 1960s kitchen, appliances out of order* Original 1960s Pepto Bismol colored tiles in the bathroom* Tobacco and marijuana stains/odor in every room* Stained carpet covering damaged hardwood* Broken side door from forced entry by police* Zero recessed lighting with 3 layers of blinds on every window* Lots of trash in the basement both on the floor and mounted to the joists overheadCheck out the Zillow listing at: https://www.zillow.com/homes/119-Jasper-Pl-Alexandria,-VA-22...What made you interested in investing in this type of deal?

To this effect, I did hold bitcoin for a period of time, with this lens (I had a moderate cash position and diversified across equal parts bitcoin, gold, and dollars as an inflation hedge).

I'm interested in learning a bit more about typical vacancy percentages, size of the local population being serviced, reasonable percentage of effective gross income for expenses, etc. as well Peter.Hopefully some experienced member(s) will sound off!

Quote from @Rob Williams: Hi everyone,I’m looking for advice on effective ways to connect with private investors locally interested in senior living land development.

Here are my initial thoughts:As a small landlord in Ontario, my experience over the past eight years has highlighted significant challenges in managing rental properties effectively.

This was a change that took effect in early Jan 2017.I am invested in the DEIV fund, a predecessor fund to the current fund. 

The sellers were under agreement with another buyer who pulled out when Helene came through (even though the restaurant suffered no damage), so they are looking to close quickly (end of year) and retire.

Often electric baseboard is most cost effective.

Holding EXEMPT (from bankruptcy forfeiture) assets, holding assets in exempt entities (retirement accounts, pensions, IRAs, in some states insurance and annuities), homestead exemption, remote entity protection (LLC, Serial LLC, Corporations, Limited Partnerships,) Asset Protection Trusts, using separation of assets for married individuals (in certain states) charitable remainder trust, etc. can be very effective though can be costly.