Originally posted by Matthew Paul:In my second house I had roommates , I had 2 thermostats , 1 in my bedroom that controlled the HVAC , another in the living room that wasn't hooked to anything just for the roommates to adjust .

Jay I know you are a player in this space as well - but I am curious to your opinion on finding decent loans to buy.

A savvy buyer however would not do any due diligence until they have control of the property. 

when your in a fund U have an interest in a fund that then has interest in RE and you are once removed from an control.

I am not talking about the time to get permits approved because it is not in their control, only talking about the time it took them to get the paperwork submitted.2. 

He scheduled maintenance and did quality control on cleans. 

Those are the players for residential...commercial the same way.

If there was no appreciation, there is no need to do a 1031 exchange.I have never been a fan of condo's as you lose some control over the investment - You have no control over the monthly maintenance fees, you may not have control over who is on the board, you have no control over special assessments.I wish the investments turn out well for you!

You can expect that you will be required to build roads, sidewalks, storm water control, utility taps, street lights, street trees as well as recreation fees as part of the development process. 

It means instead of having one or a few things that you have NO control of what so ever, you now have several things you have NO control of what so ever.