If the water would have came back bad we were prepared to replace the pipe but was told this repair would be around $8K. 

Most of our properties are located near downtown hospitals, making them an ideal choice for these renters.

One unit is occupied by a low-income senior not on the Housing Choice Voucher program and paying well below market rent.

While Vegas might feel like a good choice because it’s closer, let me make the case for Panama City Beach or Destin—they’re the kind of spots that could turn your first investment into a major win.Here’s the thing: PCB and Destin aren’t just beach towns—they’re vacation magnets.

Each deal...good, bad, or somewhere in between...sharpens your instincts.

Not bad, but a lot of work and hard to find a specific expense if I can't remember it when I'm categorizing the expense a week later in RH or something.  

Every PM I've met has at least several bad reviews, but I'm hoping this helps. 

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.

We don’t know any PMCs to recommend in the area mentioned, but since selecting the wrong PMC is usually more harmful than selecting a bad tenant, you might want to read our series about “How to Screen a PMC Better than a Tenant”:https://www.biggerpockets.com/member-blogs/3094/91877-how-to-screen-a-pmc-better-than-a-tenant-part-1-services-and-processesWe recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.

You'd be surprised what you can do, if you have no choice.3.)