I've had one recent multifamily deal in Florida exit with a 32% IRR and one hotel deal in Atlanta refinance and return 110% of the original invested capital through dividends and the refinance and the hotel continues to make regular 16% distributions.  

Having people who know the market and can help you manage the project or property is crucial to project success, especially if you can't be there regularly to handle things that will come up.

There are some vets to the site that also happen to be an agent or PM that are the exception, but it is just an interesting and expected observation.Do what you want, but if you can't go there regularly at first and then periodically after you own it, it's a bad idea.

Banks regularly foreclose on properties and sell them on auctions.

AI tip 2: a friend of mine wrote an app (beta) for landlords to market themselves on a regular basis by soliciting reviews from tenants.

The above also doesn't cover the dozen times I asked via email and phone for more regular communication.

According to the article, around 5% of the properties are being bought by investment companies, leading to concerns that regular homebuyers are being priced out of the market.1) Do you think this could become a long-term issue, given that the current percentage of investor-bought properties is relatively small?

Transitioning from builder’s risk to a regular property insurance policy might be the way to go if the sale takes longer than expected.

Both of our employers now offer roth 401k contributions instead (with matching going into regular 401ks), and I may take advantage of that too, but another small hit to cash flow.At some point, do you just suck it up and take a 10% penalty?

Maybe you could extend the closings with some additional earnest money (even if you release it) and buy the time so you can simply do a regular 1031 exchange.