As you can imagine the recent exits have lower average IRRs than the ones before, but did outperform proforma.We do have to agree with the comments on this string that our earlier exits did benefit from the 'all ships rising' effect.

TIARV Park AND Self Storage~4 acres, commercial for $120K (google maps link)Pros: In city, city water & sewer nearby, city allows both rv park AND self storage in Commercial zone, ~$50K worth of timber on propertyCons: Neighbors nearby, traffic visibility not as good here, land needs to be logged/cleaned up - not a big deal reallySelf storage constructed probably out of shipping containers~3 acres, industrial for $135K (google maps link)Pros: clear flat land, higher traffic count between the coast and I5, seller will carry loanCons: zoning does not allow for RV Park, city services unavailable

That way, owners don't jump ship and screw with the rents.

This is why agency loans have more restrictive yield maintenance, and defeasance prepayment penalties (they don't want you to immediately jump ship, and leave the mortgage bond holders handing).

Hi,i am looking to building a shipping container home.

It's a rocket ship! 

Agree on the garage doors, a darker color may have worked better like a dark wood grain, but I didn’t want to mention that because the ship has probably sailed on that idea!  

It had a set of covenants tied to it.  

They seem like a newer company so I am trying to see if they are worth jumping ship from my existing carrier for.Thanks

Five designs are under consideration, including two that would be built on the Gulf Coast in Mobile.Austal's candidate is closely based on the aluminum trimaran Littoral Combat Ship it builds on the Mobile waterfront.