We usually cut a permanent dryer vent in the wall and use that to exhaust it to the outside (instead of hanging a hose out the window, yikes again).If you don't have forced air in a property (meaning if you have hot water radiators) a mini-split system is one of the most cost-effective ways to cool a house.

Seeing it's how it's California, I would not do the deal unless you factor in 12 to 18 months of no income, and see if you can withstand that picture.

Just mentioned this on another post, but agreed it's exhausting.

As well as moving from higher cap ex exposure to lower cap ex exposure.Cash flow may go down but when the other components of the IRR go up ( appreciation, depreciation, and amortization of the loan) your IRR goes to the moon and more than offsets any drop in cash flowJust make sure you stress test and can withstand any drop in cash flow.

I’ll try next month the seasoning time would have exhausted and update the masses

It's been exhausting at times...with waiting for the course to get to the point. 

It was designed to provide additional Liability coverage if the underlying policy's limits are exhausted in a claim. 

Those properties are built to withstand hurricanes and honestly I'd rather be ocean front during a hurricane than in a lot of your average homes in coastal areas around here.

- personally at SMARTLAND as experienced heavy lift multifamily operators - it is a complex process and requires a team, time and skill - Yes, you can lift a property and value moderlty quickly if you have the right tools and process in place, no doubt, but you have to also have the correct financing tools in place and appropriate cost-basis to withstand turbulence along the way - (no straight path) - the short term mezz loans into this constricted/constrained lending environment is tough, even more tough with raising cap rates, market repricing = requires more time to season and continue to hold, unfortunatley as we have discuss to the max on this forum time was not on this operators side with the short term adjustable mezz loan -**Pref Equity has entered many deals in the past 18 months advance of LP positions, also took a GP slice along the way  ---- 

They may require other things like a closet and air intake/exhaust vents.