Quote from @Chris Hertig: We recently purchased a multi-family property and have someone living illegally in an uninhabitable, detached garage. 

Quote from @Chris Seveney: @Zachary JensenThe originalPost “ why wouldn’t an accredited investor invest with no risk….”Why is it that people think there is no risk in real estate.  

I highly recommend checking out the book Turn-Key Revolution by Chris Clothier.

Quote from @Chris Seveney: @Brian Burke I am also curious what the investor equity position is.

Quote from @Chris Seveney: Quote from @Jay Hinrichs: Quote from @Chris Seveney: Quote from @Ken M.: Quote from @Kyle Carter: Hello BiggerPockets community!

Quote from @Chris Seveney: Quote from @Les Armour: Has anyone who invested in non performing notes at Prereo actually been paid after selling the property?

Really only makes sense as @Chris Seveney mentioned if you have a solid, long term relationship with the seller and you are doing a very high volume rehabs

Hey Chris - thanks so much for the thoughtful response! 

Quote from @Chris Seidler: Quote from @Jorge Caceres: Quote from @Chris Seidler: Our medium term lease covers utilities but includes a cap for electricity.  

Hi @Nicholas L. and @Chris Seveney a few weeks after my post, they did a part 2 for the survey and 2 days ago, the Zoning Dept. emailed out an update for the proposed policies.Here's their message:"We want to keep you informed and share a preview of the proposed Short-Term Residential Rental Ordinance regulations and express our gratitude for your invaluable feedback and participation in Phase I and Phase II of the Alexandria Short-Term Residential Rental Study.