Hi Todd,You asked a great question and one I was pondering myself.

Just an idea for you to ponder.

Point to Ponder: Keep in mind that many people were trying to time the top of the market, and I think those profit/loss numbers speak for themselves.

I was always pondering how to go about the following.Scenario: Upon purchasing, doing renovations to increase rent OR upon exiting, doing renovations to increase the sale priceHow do I perform the renovations if I have, say 90% occupancy?

But you don't want to be pondering if that window is ground level or 3 stories up when you have to jump. 

I've experienced enough blatant shady practice lately that I pondered another direction, but I've never been much of a quitter and can't continue to call these slimy b****rds out on their crap.Anyone willing to throw a word of advice or two, pass down some deal overflow, need some legwork or even a random favor; please let me know.Cheers and thank you in advance,Jeremy Shrivetime 

So I have a quick question that has been pondering in my mind and I have not had a conversation with anyone about it yet.Say you find a 6 unit (or more) property and have 4 partners that have equal splits (25%/piece) and put up the same amount of capital to purchase a deal.

A couple ideas to help you from being screwed along with a couple facts to ponder:1. most are operating illegally as brokers2. most have no license3. most have no insurance4. many come up with BOGUS ARV5. you have no to little recourse if they are dishonest6. make them provide comps7. make them provide written bids from licensed contractors8. make them PROVE they have ownership in the property9.

I was pondering asking $1,500 but do t want to scare them off. 

You need to ponder the day, not if, but certainly the day they refuse to approve.