It is a longer play, and you need to perform when they send you a deal.

We'll have to see how this plays out.

. ** (when i respond it is not just for the original poster but others that learn from lurking)Not only are they not typical results, the year the property was bought and the method used to purchase play a huge role.

Major value add play with outdated units.

The syndicator quality and experience comes into play during bear markets…as you then see who’s swimming naked when the tide goes out.But market cycle overrides everything imo.

I would look more at the build out of the short term play.

I think cash flow is hard with current property prices, so it’s mostly an appreciation play for me.

@Steven WestlakeThis seems like a management intensive business without much standard operating procedures already out there.

It's been 5 years since I used a Yardi product so not sure if they updated that.Not sure if you meant Yardi Breeze, I never even played with it. 

What happens when RVM and Text blast become either illegal or blocked more intensively by carriers?