(Some of this reply was repurposed from a similar reply I made to a recent similar thread).

Purchase price: $750,000 Cash invested: $60,000 Sale price: $1,280,000 Stunningly gorgeous remodel of this classic Mission Viejo pool home.

Purchase price: $750,000 Cash invested: $60,000 Sale price: $1,280,000 Stunningly gorgeous remodel of this classic Mission Viejo pool home.

If you know of or have access to another deal/opportunity that gives you higher cash on cash than 8% the math would tell you to sell and repurpose the process into that new opportunity.

Alternatively, we could sell now and repurpose the profit immediately.

A classic rule in the real-estate game is control your assets.

Either short term or long term, and possibly help removing their belongings.They can't provide for their own housing because they earn at the bottom level (working poor), but it takes forever to get government housing and they have an immediate need.Those attorneys working on this new thing, should re-purpose and work on getting the government to house them with "one phone call" in Government provided housing, whether that be in the inner city, or out in the hinterlands somewhere.Their SOLVABLE problem is not Eviction, it is Housing...If it takes 60 days to move someone onto Govt Housing then modify the Evction laws to allow for it, but what they are doing right now is blowing hot air into a bag and adding cost to the process.Let part of the eviction process be the judge ordering Govt housing to house these people immediately, for as long as they need it--possibly forever.Just my 2 cents.

Afternoon Dave,I am a the classic definition of new to this market. 

Afternoon,I am the classic definition of new to this market.

Hey Travis,Syndication's are a complicated thing to understand, when I first started at BAM Capital (a multifamily synidcator in the midwest) there's the classic that I read called "The Hand's Off Investor".