My plan was to be a GP on a syndication and that was also one of my biggest concerns, how was I going to play such a big role on so many units while being a lot younger (less trustworthy in some eyes) and no real estate experience?

The partial exemption is usually granted if you have to sell due to certain circumstances like a job relocation, health issues, or other unforeseen events.

I’m actually more concerned, and my original reference (which I did NOT, unfortunately make clear) was to short to medium term price declines in any market, such as 2008 - 2012, etc.  

It sounds like the city ignored a lot of complaints about structural concerns from tenants for years, which is concerning.

But people have said on this forum that his track record isn't good, so I'm trying to find people who have invested in his full lifecycle deals to get more perspective.The deal I mentioned has an assumable fixed interest rate (for 5 years) of 5.3%, so interest rate jolts are less of a concern there. 

I’m concerned that $60K ($50K after penalties) won’t get me far in starting a short term rental though… I’m also hesitant to do a cash out refinance on my home loan because we have a great interest rate at 2.625%.

I just purchased a newly renovated home here in Clark Fulton about 5 min to the new Metro Health Campus. 

Are you finding it to be a major concern for buyers, or do they seem willing to overlook it in certain areas?

Glad to join the site here and looking to connect with people in regards to networking, working on business and any questions concerns people may have.

Why doesn't Airbnb decrease their fee if they are so concerned about fees?