@Peter WaltherInteresting, in VA it seems to be paid twice a year, one in first quarter and another in third quarter.

Each quarter we review the value of homes held in inventory for indicators that net realizable value is lower than cost.

You could negotiate a $50 increase per quarter over the next year for example to give them time to adjust. 

Zillow is closing down their offers program following loses in the third quarter of 2021 of $380 million.

Would you require a year contract, and slowly raise rent per quarter until reaching $1300? 

We're thinking a 30 min Zoom meeting to start, (especially since our winter is here) with a quarterly in-person get together.  

In most investments like these, the investor is completely removed from the asset, the management, or the operational perspective of the investment.When you invest in syndicated investment, the syndicator/sponsor will handle all aspects of the deal such as, due diligence, locating a profitable property (or properties), hiring and managing the property manager, sending out quarterly reports, implementing the business plan, handling investor relations, and so on.

There was a large swath of inventory out for sale this quarter from several funds in  meeting their year end obligations.

I have been DIY fixing the entire place and want to do a cash out refinance in the first quarter of the new year, however I have ran out of Capital to complete the project.

If you go driving once a quarter and set up a follow up cycle you will never need to go to someone else again and your profits will be far higher because you aren't paying middleman fees.)