So if the LP's have enough cash they simply pay the loan off and own it free and clear.. but the size of the deals are so large raising cash to pay off debt simply is not realistic at all so if the property goes into default your junior position investors find themselves wiped out.Further more thats why a debt fund like Chris has can be a good choice for the very conservative investor..

Cities like Memphis and Columbus often have more affordable properties and good cash flow opportunities, making them popular choices for investors.

After talking with an operator I felt he was a good choice for a tenant and he mad a great offer above market for the apartment so we agreed.In the past I would usually rent my own units and to stay competitive I would keep an eye on the rentals in the area and try to be one step above if I could....This time that was a little tougher as the neighborhood hasn't gotten very trendy. 

So, an area might have been D class 20 years ago and is C class today in terms of what the property condition, crime etc show you BUT if the tenants still stigmatize the area in their mind then mostly D class tenants will be applying there because they have less choices.

Note: This could happen NOT by your choice with a layoff.

You have a few choices, right. 

It won't be as promising; the saturation of this thematic investing choice has defeated it's purpose.

Otherwise you’re saying you expect other people to subsidize bad choices over and over again.

Beautiful renovation and design choices!

But, all payments with Baselane goes via Stripe gateway, and they apparently have no choice but to honor those requests due to their agreement with Stripe.