Would he have offered you a discount On his services if there was a downturn in the market and you lost money?

You also would perhaps want to focus on value add investments that you can get at a discount but only need cosmetic repairs?

I am considering posing this as a zero interest deal, so the $72,000 ($2,000 x 36 months) paid in the 3 years leading up to the balloon would go straight into the principal, and so will the $17,500 down payment.

At $500/pop that can get expensive.I have done videos in the past showing that investing in a fund collecting interest only and leaving your principal in the fund pays significantly more over time - but with a note you could get a payoff (which if bought for discount is great).

We have a crystal clear conversation about this at the lease signing.To show I am not a grinch - part of my agreement with folks is that every 13th month I discount their rent by 10% to recognize their on-time payments.

You have to know with 100% certainty.And even then, an HOA can/will change the rules overnight, and they usually do not get less restrictive.Go to the next BOD meeting and ask them straight up.

It's allowed me to do some of my own work like changing toilets and fixing leaking ceilings, but even if I don't want to do a job personally hopefully I'll have enough knowledge to not let a contractor over charge me, or recommend something I don't need.You'll also meet local contractors, and hopefully investors.They may offer an employee discount too.

I bought a bunch of rentals in FL during the pandemic and am going to 1031 them into CA for the risk of weather and appreciation benefits.Some of my clients are doing pretty good with small-multi family in the Bay Area, but they are getting 20% discounts upfront by sourcing the deals themselves. 

I believe we are building more than enough apartments and once these all come online and can't get the Class A rents they will start offering discounts, concessions, and amenities that others in B or C cant.

Can you get a discount or add value?