If it was, you have no complaint -- they didn't receive the payoff letter.

No different.

So, if you fail to apply the correct assumptions to a property, your expectations won’t be met and it may even be a financial disaster.We use the following to rank Property Classes, in order of importance:Property Tenant Pool: closely linked to location, but not always.Property Location: closely linked to tenant pool, but not always.Property Condition & Amenities: it’s important to, “Maintain to the Neighborhood.”Key metrics for each Property Class:Class A Properties:Tenant Pool: Majority of FICO scores 680+, no convictions/evictions in last 7 years.

Good cost basis on the land and a strong ground game to complete.

They had lots of options to reduce cost, they came in at $8k less than the first place, and I could knock even more off of it if I trench the new lines myself (the trenching and excavation prices were pretty brutal, I could hire it out for a fraction of the price). 

First time was from investment companies but no one was interested, so now they're offering a 18% preferred return in hopes of getting more unsuspecting retail capital.

You can only do no fault evictions under certain limited conditions that must be indicated in the lease termination notice.  

You have no way of knowing what your booking rate is going to look like going forward.

You’re on the right track—build awareness of costs where it directly impacts their role, but don’t overcomplicate the program with factors they can’t control.

Our rehab cost estimation comes from researching the area and talking with local investors that have similar properties.