Last year we looked at 515 operators and deals and only invested in 11.

I'm confused about what exactly gets included in the operating expenses that are used in the DCR calculation - perhaps there's some variability?

it is going to be extremely difficult to buy a property in a market you don't know and don't live in, and operate successfullyfor example - don't do thishttps://www.biggerpockets.com/forums/48/topics/1137397-balti...

We own and operate in  Columbus OH market and DFW, do you recommended them?

Many multifamily projects face challenges, including rising interest rates, operational inefficiencies, and decreased valuations, which drive the growing need for alternative financing solutions.This environment presents a unique opportunity for mezzanine debt and preferred equity investors.

This structure explains why institutional players dominate - they likely have the capital, connections, and infrastructure to operate effectively in such an environment.

We don't operate within a salary cap.

Are you willing to gamble your life and those of your family on, "being accountable for your rentals", "being a good landlord", or "maintaining your properties correctly and being decent to your tenants"?

What % of the $140k is going to operating expenses?

There are better more experienced operators out there... don't be swayed by the Brandon Turner marketing machine like I was.