Our focus has been on creating high-quality, cash-flowing properties designed for investors looking for solid returns.While we primarily concentrate on vertical development, we’ve also started exploring horizontal development in certain projects as we continue to expand our footprint.

If both of those its items look good, we'll continue.  

Theres certainty always a lag when it comes to rates and closed loans and what is getting quoted in the current day but can share from our perspective:Average Rate so far in September 2024 - 7.417%Average Rate in August 2024 (103 DSCR Loans0 - 7.773%I'd predict average rate will continue to drop and be close to 7% flat for September once the month concludes

If they pay on time, you don't have much turnover, and you don't see big capex expenses on the horizon I'd continue to hold.

Only some pockets of the beach are continuing to grow or more desirable than the majority of the market. 

The extension is what would continue to protect you once the original PSA dates expire. 

@Kathy Creighton-Smith are you looking to sell it or would you potentially consider a cash out refinance so that you could continue investing both strategies would work.

Wishing you continued success!

Continue on a month-to-month lease for $XXX + a 25% increase.3.

Gently let them know that if they continue to use the HVAC in this manner and it causes the unit to fail, they will be responsible for replacing it due to negligence.