Once the common equity has absorbed all the "bad", the pref equity gets affected.Another thing to think about with pref equity offered during a capital call.

You both have to decide whether this is worth the fight.

Too bad.

Increasing their rent 1 month after another is bad business practice and will cause a lot of issues.

After arrival they're disappointed to find it's not a private bedroom, which leads to disgruntled guests that search for way to get a refund and leave bad reviews.

They will give you the run around for days, and tell you everything is okay only to give you the bad news 30 days in.., Honesty is the most important aspect in mortgage lending. 

If your cleaner forgets to leave one out for the next guest then they could leave a bad review because they were expecting it. 

anyone can buy a bad deal - just go on Zillow and pick the first property you see and buy it. 

All complimented with Amazon fulfillment centers, google, and more tech manufacturing jobs.The bad reputation of “Detroit” comes from OOS investors wanting sub $40,000, D class properties in poor condition, because they pencil out to 2-3% deals on paper.

Because significantly less than 100% of your investment actually goes into purchasing or improving the property, and the property is purchased at retail value (or worse), your returns will badly lag any benchmark of direct property investment.  2.