Challenges?

So far the only applicants I’ve gotten on the hook for my unit were a younger couple who were very upfront that their credit was a little bit challenged.

Realize the competitive market makes it a challenging market for beginners. 

Also would love answer to the following: - Are there any specific challenges or advantages you experienced compared to a JV structure?

My developer client successfully defended the initial challenges and settled on this having PE rights, so he shifted the site plan to avoid the issue.

Challenges?

Finally, The rent control discourages further development, limiting supply which results in higher rents.So rents go up, but the rent control advocates are too uneducated on the economics of the rent control policy to see their role in the rent increase.Another consequence of rent control is no value in keeping the property as nice.

Challenges?

Challenges?

There are quite a few solutions out there so that even the most tech challenged person can pay electronically.