(rather my wife’s wrath came into my life like it often does with a threat to my life if we weren’t on a international flight to relax before Christmas....happy wife = happy life) So all of those folks out there I recommend also having your “spending money” set aside to enjoy life while we still have it and at the same time not letting off the gas with those aggressive REI goals.

Gordon -AND- the new cyber developments downtown, plus access to amenities that we think will be attractive to the incoming workforce.

It is under threat of condemnation so it falls under IRC 1033 and therefore she has three years to find replacement properties and does not require in intermediary. 

The landlord must provide reasonable notice for the following reasons:Non-emergency maintenance and repairsShowing the unit to prospective tenantsThe landlord does not need to provide notice in the case of an emergency where a condition exists that poses an immediate threat to the safety or health of persons using or near the premises.We surveyed our New Jersey landlords and found out that 67% go above and beyond and provide 48-hour notice, asee nd 33% provide 24-hour notice. 

You might find yourself dealing with an angry tenant one day who makes the threat, but they usually don't mean it because they know you did nothing wrong.

Do you think this letter is just a threat?

I took advice and sent an email (took out emotion) listing the payments, with a link for Ca 21 day deposit law, emails from him confirming payment, the lease, and the “check out” form signed by his property manager saying I left it in as good, if not better condition, as move in and that it’s ready to rent.His reply was that “he can send me his attorneys info if I want to continue with legal threats and that he simply couldn’t get to me, if any monies is actually owed after he views property (had someone else in 21 days ago now) any deposit due to property manager on vacation and the Holidays.The “property manager” called me a stated he’s just a handyman, not property manager, and that he never took vacation and that the owner hasn’t paid him for several months for the “walk through” before our move in, the “walk out”, and next guests “walk in.”

Maybe I'm bias because in lending we have to do one for every loan.Your plan will vary based on the audience obviously, but here's a jist to start with:What you're trying to accomplish (summary)Who you are (sell your management skills)detail of the business model in question (location, financials)SWOT (strengths, weaknesses, opportunities, threats)risk mitigation (every "what-if" you can think of and the plan to correct, exit strategies, etc)Where your partners fit in organization structure (who owns what, outlay where everyone's risk is spread)This is obviously not complete, but should get you started.

A thorough education of real estate and analyzing your strengths, weakness, opportunities, and threats will help guide your way.

I’m following this same investment path as my first deal and have similar concerns.I do feel as though the strong underlying economy in Denver creates great long term prospects for appriciation and rent increase, despite the short term but very likley threat of depreciation.However I don’t think slowdown in rent should push you out of the deal.