Be careful about feeding additional capital into syndicates with short-term loan maturities if the only plan is to negotiate lender maturity extensions for another year. 

Anyone dissing Jerry, or anyone else out there who is genuinely putting in the work and deserves every penny they EARNED - In addition to dropping gems that are unmatched in the industry are either under a rock, or don't know what they're talking about because they haven't put in 2 mins of the work to give the man a chance.

Lack of down payment, lack of entrepreneurial personality, low tolerance for risk, looking for the magic key that fits their desires, just want to learn, sold "Castles in the sky" with a gibberish of disconnected statements that while true in a plethora of instances do not add up to truth in any one instance, fear of failure meaning not able to take a financial loss without going into poverty, never told up front how much money they will need to spend to buy the investment in addition to paying for the class.

(Call it 20% federal and 5% state ($15k in income tax, plus the $45k in additional taxes you created.).

If additional funds are required or if a professional is unable to resolve the issue, Lula will reach out to you directly.Let me know if you have any questions! 

Remember, the right property manager is a gateway to industry insights and local networking opportunities, much like the valuable connections you're making here on Bigger Pockets.Wishing you success as you embark on this exciting journey.

It's not your fault that the tenant has to vacate, so the tenant should have insurance to protect them against any additional expenses.

If you do not feel comfortable pursuing additional growth, I'd wait it out just a bit. 

If you throw in some additional capital along the way you can accelerate the process, a lot.

But will make the property more valuable.