They were comfortable with a lower return because McDonald's is a behemoth with a large real estate department who very rarely closes a location once it's opened.

We are now at a place where there are Sponsors who are raising capital to compete for these institutional level assets but rather than filling the capital stack with these sophisticated larger check writers, they are raising the capital in smaller increments.  

I wouldn't worry about squatters, it definitely happens, but I don't think Cleveland is uniquely worse than other larger cities, and there's a lot of steps you can take to help prevent this problem if you have a vacant property or something that's getting worked on or you're waiting to rent out.  

It certainly is a task every single month! 

I would try to create systems for everything so as you get bigger you can automate and delegate tasks that don't actively make you money. 

I understand that you are attracted to the Denver and Boulder area and I would be curious to know if you have planned for the additional costs of living in these areas including the large(r) mortgage payment you may be taking on when financing 95% of the purchase price?

When I tapped out in March, April and June of '22 I sold all my larger mf on i/o contracts. 

The larger bedroom has a pretty narrow opening that a traditional door likely wouldn't fit.

The $2500/month luxury townhome we are looking at has an additional 1100 sq ft, larger garage, and better location.

There are also other platforms that have had some significant negative things spoken about them.Peer Street is the larger of the two and has more volume, but the top deals are still snapped up really quickly.