I don't use padsplit (weekly rentals); I rent on long-term leases in B Class neighborhoods.

It sits on about 1000 acres 30 minutes from Fredericksburg. 

And the reason why your "tale of two halves" will play out as you described.Demand:  This has actually been high almost all along, but rent growth hasn't materialized in response due to high levels of new supply. 

I’m just saying get your lawyers lined up and signed off first.

Was the buy-back price contingent on an updated appraisal?

A traditional bank will not give a line of credit even if there is significant equity because it boils down to being able to pay back the money. 

If you ask the manager to justify a fee and he starts hemming and hawing, move on or require them to remove the fee.

This is my first post on the BP forums. 

Is it dependent on how you get funding?

We paid $1.775 million for the notes, worked out a modification with the borrower, and received the first 5 monthly payments relatively on time.