I get rid of bad tenants regularly and have never paid any of them to leave.

@Matt J. and I get together regularly to talk about real estate.

Might be an additional cost there.If units are updated, capex items look good, leases and tenants look solid, and there are no other regular expenses besides the 5200 in insurance/property taxes then I like this deal.  

Chris Clothier provided regular video updates, and the property management team sent frequent emails with property-specific details, tenant situations, and proactive solutions.

Provide copies to all parties involved.This project-specific agreement works well for one-time jobs, but if you plan to work with subcontractors regularly, I highly recommend having an attorney draft a Master Services Agreement (MSA) for your business.

I have studied things and I feel I would only make maybe an extra grand a year and frankly I don't want to squeeze every last time out of people coming for vacation.Most of our guests are regular people.

I fire clients regularly. 

And that's not even taking into account the regular tenant BS.

They are long gone now.This "wally wrap" seems just like a regular wrap, what am I missing?

All three are present in this case.The most troubling issue with the Reg D filings for Norada Capital Management is that Santarelli regularly boasts of a “default free track record,” dating back to 2012 ( Link at 36:10).This implies Santarelli has been raising funds without a corresponding regularly and timely filed exemption—one filing at $4,000,000 is not enough to cover the over $70 million said to be raised during my taped call.