@Breelon Bryant while you are allowed to not renew their lease, and imply that they are on their way out... once they refuse to leave, which most tenants know they can do that, you can’t evict.

A tall and delicate order to be sure.As far as some of the responses here that imply somehow there is another side of this story - wow - I'm not sure if I'm more shocked with the contractor or some of the responses here.

This implies even if mortgage is moved to the end of the loan, the rental owner is still losing a lot of money every month that rent is not paid.  

That's kind of what you're implying with our interventions preventing deaths, right?

For the most part I think she has my best interest in mind, but when I ask questions wanting to learn more about the process her answers seem to be real "crippling", implying that the only way I can figure that out is if I go through her to get the answer.

Depending on the structure you chose, it may imply that you're offering a security which will require using securities attorney to help you set up such fund. 

It clearly states that the HOA can at their discretion determine if having the fronting property owner be responsible, or contracting for a service to handle the maintenance is in their best interest "for uniformity" again implying a service not owner compensation.

Like @George W. implies, sounds like the guy is moonlighting and may not be totally qualified to do the work. 

Cash on cash (as the name implies) is how much money (NOI) your property produces for the cash you have invested.

Given a targeted pre-tax margin of, let's say 15%, a developer would implicitly be willing to pay (3.8M x 0.15 = 570k) --> (3.8M - 1.6M - 0.57M) = 1.63MUSD, i.e. 830k above the plot "strike price" (hence this amount represents the implied valuation of the SPV).