We have tenants add .5x for a pet deposit in lieu of a $500 pet deposit (2.5x or 3.5x respectively) however there are some new pet fee and pet deposit laws coming in Colorado January 1, 2024 and we aren't yet sure how these caps on pet deposits will impact our use of Rhino for this purpose (see below re: legal definition of "Security Deposit").What questions do you have?

I respectfully disagree.

Each option serves distinct purposes, and understanding their respective roles in the capital stack is crucial for effective financial structuring.Strategic Rationale for InvestmentThe rise in multifamily distress creates a ripe environment for mezzanine debt and preferred equity investors to support existing projects.

Have you established your overall goals yet?

They seem responsible and respectful. 

As Trent mentioned above, the only way I'm taking a chance with a new co host without experience is if they are grinding their way through cold calls and earn my respect. 

The second series was just established at the beginning of January and after going through all the steps, FCB stated they weren’t comfortable with the series and did an exception for us the the first time.

I'm a real estate agent and sometimes have to reschedule my calls with him to do showings or need debt/deal calculators for my clients and he's always understanding of it and comes through.Rich is THAT guy, lots of respect for him!

Even if you view yourself as a passive investor, I always recommend investors take a hands on approach with their earliest properties as it lays a helpful foundation.With respect to turn key operators, I've personally found their objectives to be at conflict with the objectives of investors like yourself.

The building has been passed over by many people due to the layout, but I have a creative and viable solution (boutique hostel/hotel hybrid in well-established and overpriced tourist destination).