Hey Patrick - we are targeting more sophisticated investors who will appreciate our approach to help them drive NOI margin and make informed buy/sell decisions.  

If they don't want to stay, they must give notice in writing and be out within 30 days.Give them a deadline to make the decision (one week is sufficient).

It isn't like this a condominium where assessments are paying for common parts of the building like the roof, etc.Prior to this, I didn't have much experience serving on an HOA board and have therefore relied on the management company for their opinion on certain decisions. 

This would be an easy decision however I do not think you can come close even with you being active in the process.  

They can now make the best decision for them on a management company to hire. 

This will provide insight into making informed decisions and accessing the benefits that these properties offer.

Now the decision between option 2 or 3 depends on a few variables.

Investors should fully understand that Section 8 is not a cure-all for Class C & D tenant challenges, it's just trading one set of problems for another.We see too many investors not doing enough research to fully understand all this and making naïve investing decisions.

I'm happy with that decision.

At the end of the day, it’s a big decision choosing who to invest with, but the academy is very enticing.