The lease termination fee needs to be paid at the time they request this, do not substitute the security deposit for this purpose.This will ensure compensation for time, money and effort needed for a tenant turnover, including advertising and showing costs, regular repairs, utilities during vacancy etc.

It's like posting dynamic collateral that doesn't actually reduce the loan balance, not exactly a great deal.When the fed raises rates, they are directly targeting actors like this.

Instead of focusing on "persistence," don't you think you need to focus on targeting the right people?

I think since it's 'new construction' I assume it's way more complicated, and I'm sure it comes with different challenges and factors to consider, but as long as you buy it right, have supporting new construction comps, and are confident with your cost per sf analysis, you can hit your target margin - or close to at least! 

Not sure about the individual experience but its a lead generation system where we Zs pool up money to advertise our services.

Placement agencies also advertise quite loudly that their service is free for their clients, which means that they receive anywhere from 75-100% of one month's care revenue from the senior care provider. 

Step 1 - figure out your target asset class & then your target market. 

But if you know the areas to target (Ormond, Port Orange, NSB to some extent) it's a serviceable area.

Curious why you would target Texas? 

This will help you learn about which markets will provide your target ROI.