When a vacancy comes up in a good apartment on SFO, operators often have literally hundreds of extremely well qualified applicants at incredible rates.

Sometimes, money can motivate people to actually clean up their properties.  

I think giving somebody 50% equity plus repaying the loan is incredibly steep when I would cover all additional expenses and construction expenses and give them equity in all future acquisitions that they put nothing into plus additional future real estate related business.  

My pleasure Sara,None with Drew.I don't like him that much lolJokes, I'm a fellow property manager and was fortunate enough to meet and speak with him about property management, etc...He created an incredible operation and I look to him for guidance with my own company.Thanks and much success

What kind of rewards have you found to be most motivating for your partners?

@Jim Pfeifer built an incredible community and BP/PP can take it to the next level. 

I was going to avoid that because I am 42 with a wife and 2 elementary school kids, and although I have the motivation and free-spirit to do that, my wife is quite conservative and wants that nice dream house =) Which I definitely want to provide.

The worst ones usually don't have any clear cut guidelines (a lot of the underwriters will make up their own rules if they do not like the deal), Suck at communicating (will reply days later), Push aggressive terms to get deals in and then switch them, and Not really motivated to get things done (they will adverse a loan without any hesitation). 

That's incredible ROI!

@Eric S. new britain. that is your answer. i invest there. i spent my whole life in CT besides the last few years. i know the area well. i own a few multi-family properties there currently. i went CCSU in new britain and lived in the town for 10 years. its an incredible source of cash flow and, in my opinion, the current mayor is doing all the right things. i actually see growth happening in that town, compared to the rest of CT that is struggling. happy to help in any way i can. just let me know!