You may be ahead of your reserves for a year or two, but quickly can fall behind those your reserves, as budgeted.I take a very conservative approach, but not only budget all recurring items, like landscaping and snow removal, but also take the replacement cost of every item divided by the useful life (both physically and aesthetically) and budget that as well.  

I knew this was my friend Jim's intention :)Now, if you want to talk ugly to mean physically, well hell yeah.

I can foresee no situation in which our government will apply fiscal responsibility which means physical assets will likely be the best bet for quite a while. 

I can't really help you physically in madison, but if there is any virtual help I can provide let me know! 

It was a well priced asset in a good area that offered a large value add play through operational efficiencies, thus minimizing the risk that's associated with physical value adds.

It's not clear to me if this is actually considered to "materially affect physical health or safety of an ordinary tenant" per 92.052(3)(A).

So you can rinse and repeat They will be held by the bank only. usually only 65 percent of appraised value is loaned out.one important thing on real estate syndications is they are highly illiquid, you are holding paper in a LLC while a single family rental is your physical asset. you can get a HELOC against your assets.

I manage renovations and all physical plant projects for a company with building throughout the country.

I'm a physical therapist in my day job. 

Per NJ law this must be an interest bearing account located in NJ but I am not physically in NJ to open the account as I already moved to Florida.