I know that their strategy is to rent the properties out, is that bad news for me and my potential multi-family unit in terms of increased vacancy?

Here is a link to what Jeff Barnes mentioned:http://www.bloomberg.com/news/2013-07-09/sec-set-to-lift-80-year-old-ban-on-advertising-by-hedge-funds.html

It drives me bonkers when I accept a new colleague request and it bounces me back to the news page.

Exciting news Jacob!

I've said many times 'you never see in the news the guy who sold early and took a profit, only the fool who hung on too long and got wiped out.'

Given the present news.

The good news is that today they waived the higher cost and are honoring my original GFE.

I saw a news piece the other day that wealthy people (at least they ones they polled) only consider themselves wealthy when they had achieved $5M in assets and 20% of that was in cash.

So no access or news to give out our account number.

I would have guessed it was off by about a factor of 10, which would get the price right about what the investor offered you.Good news is that given the numbers working that way it looks like you did a good job running comps!