-------------------------------------------------------------------------------------------------------Owners mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator – so, they often select the first PMC they call or that calls them back!

If the locations turned negative, Dollar General never exercised the option to extend, and if the location remained good, they built a larger store across the street.  

Should you perform maintenance?

Analysis wise - theres a ton of variables that come into play when seeing how well a home will perform.

Raoul Pal sold ALL of his gold and bought Bitcoin.NOTHING has performed as well as Bitcoin over the past 15 years.

The terms will be fair, but also terrifying for non-performance.

Performance expectations and deal horizon can be adjusted and recommunicated.  

It comes from buying distressed assets and fixing them or re-arranging the property to make it perform again. 

Depending on the property's location, it could perform very well as a co-living asset (3x of a traditional rental).

Curious what you're basing your numbers off of- I'm guessing the 2023 numbers are going to be a far more accurate prediction of future performance.