.- lower turnover- easier on the units when they do move- quiet and less disturbance than traditional, younger- for fixed income, consider partnering with the local housing authority for SEct 8 vouchers, then raise rents accordingly - guaranteed money & the Sr. only pays a portion (if they qualify)Traditional renters- Higher turnover- Higher turn costs- More volatile - higher bad debt- More drug related activities- Adding in children that are hard on units- Higher eviction rates and legal costsConsider all angles before making a decision with the changes. 

I will post the link to the property below so you can take a look at it and tell me what you think.

If not, here's the link: https://www.biggerpockets.com/...

Our counterparty has an attorney, who I believe would draft up the promissory note and personal guarantee documentation.

You might be surprised to see some tasks are taking a lot more time than you think they should and maybe you are diving a little too deep into those items or need some automation.I self-manage 13 SFRs with a set of linked Excel spreadsheets.

Yes, you should be able to refi on a rate drop in the near future, but that's not guaranteed.

@Karan Singh Can you link to a few examples of this? 

Sponsors made millions or tens of millions in acquisition fees, loaded them up, and were happy, in some cases, to layer in 1031 exchange facilitation into these types of deals using DSTs as the cherry on top for even more guaranteed, often upfront, income. 

1) Significant Rate Decrease2) Minimal Rate Decrease3) Keep Rates Steady I do not think it changes anything - they already are pretty much guaranteed to cut rates.

Once the fee is paid in essence the realtor loses the first position to do business with the client so if additional properties are to be purchased the realtor isn't guaranteed that business.