Our city decided a few years back to start a revitalization program to create a more vibrant, sustainable, and just community..

Can you deal really sustain 15% interest payments?

Hello Jon, The detailed answer is quite appreciated, I realize it must have taken some time to answer in such manner, so thank you :) Some follow up questions:1.

Peter to reduce rental turnover you either have to have a place with the bottom 50% of asking rents for the area or really nice finishes so tenants will pay a premium and want to stay long term.You have to weigh getting that extra 50 to 100 a month being at the top of the rental market versus losing months of rent to evict and recondition.For that reason I do not like being at the top for rent rates in my market.I am not at the bottom but not at the top.For good tenants safety and the landlord fixing repairs in a timely manner is usually what is on the tenants mind when looking for a landlord.

Thus I wouldn't think it applies at all if you interpret things in this manner.

Some of the turn-key rentals out there were set up to be sell-able but are not at all sustainable once you lose a tenant or need to make repairs.

The number one thing in my opinion is to bring up the issue to the property owners in a professional and not aggressive manner.

Your plan to publicly solicit funds in that manner is a violation of SEC regulations,even if others have done it, and as to Will's web site, he is not being specific about any particular loan and I believe he has a license for his lending operations.

This not only might reduce cost, but also reduces family pain of moving, burden on other family and you'll have the luxury of moving in a less hectic manner and over a couple of weekends perhaps. thinking out loud, you could get something under contract, close in 60 days, then have tenants move in 2 weeks or 1 month later depending on how quick you can make things happen.

If you are confident you can sell the house in a timely manner and for market value, than saving the commission looks like a good option.