We feel good about this as it almost sold awhile ago for this exact amount and has been appraised around this as well.I'm in the unusual position of being able get financing from a private lender. 

You probably just see more deals, more unusual situations, more opportunities. 

Hi BP, I've run into an unusual situation and am debating ending a lease early.

But really, even in their home country, sharing space like 2 BR with 7 8 people is not unusual. 

@Jay HinrichsAn unusually high number of “gurus” had actually previously declared bankruptcy when their real estate “programs” , almost always highly leveraged, went bust.

We are just talking about dollars but they also suck way more time in management.Infrastructure- Apart from the utility infrastructure I want you to think of amenities like improved roads, pools, clubhouses etc Delinquent Tenants and Poor Management- It is not unusual to purchase communities where the owners have not been completely forthright with their rent collection.

That struck me as unusual. 

That's unusual and it would be very difficult to find a passive investment like that.Also direct control means I know exactly what's going on.

If your tenants are being too “hard” on the property and are causing unusually high amounts of problems that might be a different story altogether and then I’d say you need to screen your applicants better.

Well, the Managing Member, the SOB, upon a receiving a large capital gain from sale of property [a §1231 gain] took the unusual and selfish step of grabbing most of the proceeds [damn the OA], and for good measure allocating a lot of gain to Members [again, damn OA].