The last thing you want is to get elbows deep and run out of capital because then you won't even have an exit strategy or a place for your mom to live.

Greater demand drives a greater price, Econ101 right?

Have you noticed that your social media videos actually drive conversions, or are they just generating views?

It also fits your budget & also I know some of some above 1,300 sqft, good boned, central air, yard space/drive way space having on & off market single & multifamilies in that price range. 

Impact: Drives immediate, measurable business outcomes.

Ask your PM how often they drive by properties under management.

Drive around off the strip, out of season and what will you see? 

For a core deal, I would assume it would be lower, but again, I don't know what they are doing to drive those returns.Relying on markedly lower loan rates is no guaranteeRelying on more core buyers is only likely to happen when pricing (as measured by cap rate) is higher than prevailing interest rates.Unknowns:What is business plan to generate those returns? 

But you would be surprised folks either don't believe we do this or they just don't have the drive to go find the deals etc.  

To address parking, one tenant blocking in another in the drive and the late night calls it produces has led me to this policy.