:)  We love defaulted note investing - you own nothing but are in control and can exit through the property or the borrower. if you do take a property back you can sell it outright, seller finance it, rent it or BRRR it.

i exit the building for the new meter locationthanks in advance! 

I had a duplex in Hilltop that was doing well for me and sold it 2 years later to do my first 1031 into a Hilliard duplex because it was part of my investment strategy (invest in C class with a 2-5 year exit strategy and 1031 into a better asset class).

Certainly worth considering in one's exit plans!

And the ARV will be $240k and im trying to figure out my exit strategy now.

One disadvantage to a common equity investment is that your money will be inaccessible until it is returned with a capital event (exit/cash out refinance.)Hope that helps!   

This reduces exit options and affects the value. 10) Small number of small units is the most expensive residential development there is.

Each bedroom shouldn't need to go through the common area to exit the building4.

Once I have that I will exit my bridge loan to a construction loan. 

This saved my skin on the exit!