It’s also where the dining area and a fully renovated kitchen with a stainless-steel farmhouse sink and blue calcite countertops are located (White says the geode stone is meant to bring “calming vibes” and “good communication”).

maybe not a crash but when things calm a little ??? 

For example, the sponsor has a gmp agreement with the development contractor, but there is a fine print in the distribution waterfall that the sponsor will first recover any costs above gmp before LPs get any money back.

The yearly group of students that historically rent this house are from an excellent, academically minded, "calm" fraternity.

Things I have heard over the years that are the first layer of diligence, and reasons someone may not consider an investment: first year return projections, waterfall structure, lack of track record of sponsor, only offering a Fund and not one off deals... to name a few.But to boil it down, I would agree with Jeffrey: credibility of sponsor

Getting fancy with different classes of passive investors, convertible instruments, elaborate payout waterfalls, or complex conditionals will add costs. 

Do you want to pay up to join the herd or focus on areas adjacent or farther out, or other markets, until your hometown calms down?

So maybe prices will calm down .

Hi,I own a large home (4000 sq ft, 5 bed, 3.5 bath, nice pool and waterfall).

I calmed him down until he said call me in two days.