@Jingwen Dunford It's also common to have the waterfall structure of an operating agreement define any excess cash over the preferred return as return of capital in addition to capital events such as a refi or sale.

This is commonly referred to as rental arbitrage.

I am thinking about  replacing the floor for the common areas, bedrooms, bathrooms and private hallways for my rental in a nice neighborhood.

Granted MFH are more common in rougher parts of central jersey and my purchasing power can't acquire me something in North Jersey here homes are much more desirable when it comes to appreciation and schools and safety.

Inflated ARV's and underestimated rehab costs are common practice with most wholesalers, much of which are newbies who have never flipped a home themselves.As another stated, there are other ways to land deals besides wholesalers so cast a wide net and use multiple avenues to funnel your leads.

There is also a common use roof terrace of another 3000 sf.I got into a mess with my other investments so now I have to exit the project to get cash.I'd hate to sell it as an empty lot.

“It is definitely common, especially in boom times.”What is less common is for an active employee to solicit investment on the company’s internal systems.

Granted MFH are more common in rougher parts of central jersey and my purchasing power can't acquire me something in North Jersey here homes are much more desirable when it comes to appreciation and schools and safety.

But you can offer a "buy out" agreement to the tenant, and yes, 2 months' rent value is commonly seen.

@Srinath GopinathanThey will stipulate what is common area property and what is the unit owners responsibility.Also covenants will dictate things like no gas grills and other things that can and cannot be done so they can properly insure and not over or under insure