ProsL.A.Low vacancy Renting is almost a necessityHigh rentsExpensive 6-8 units vs 14-18ConRent controlLaws are favoring tenantsMass exodus Phoenix population growth 2.3% job growth at 2.1%no moldIn the sunbelt IE good for baby boomersCheaper 14-18 units vs 6-8ConHotter then SatanLots of competition Low rent Higher vacancy?

why would a tax bill wipe out your equity at 60% loan to value?

well going to Nuk on them sure wont achieve the return of investment all but assures a wipe out.  

Social media (or a secondary website, like a blog, or any other personal website that provides value) serves as a nurturing media, where prospects can learn more about you.I have developed the 3 pillars of conversion.A strategy that turns conversions into a 100% reliable mathematical equation.The 3 pillars are:CompetencePersonalityCredibility.For a prospect to convert into a lead, 1) they need to be the right audience (it doesn't matter how much Ketchup you put on a baby-cow burger, you won't be able to sell to a vegan.

I have not clue about this company but if their collateral was all defaulted junior paper and you have this situation  my experience tells me it will be a full wipe out for the investors and the owners of the company might tube it also..

This cashflow is quickly wiped out to as expenses stack up)My thesis and we execute this is:We buy newer vintage properties with seller financing about 10-15% below marketGreat asset/ property management - keeping expense ratios low.Paydown + 2-3% YoY appreciation gets to the 2x multiple in 5 years on exit after expenses.

After all, NO ONE will watch my 'babies' like I will!  

One or two appliances or a new roof can wipe out years of cash flow. 

Let me steer you in the right direction.Imagine you buy a list with the address of vegans, that are also animal rights activists.Your company sells baby-cow burgers.

This pretty much wipes out any conventional lender.