This is sort of dead money because I am now paying a pref return on this money even though it's not being put to work on a count of I can only renovate units as they turn over.The other options are to renovate units with the property cash flow which seems like the wrong way to go about it - and that still doesn't alleviate the problem of property renovations eating into CoC returns though it solves the problem of "dead money".The last solution I can think of is to raise the money year by year as you need it which presents other problems.

Any sort of shortcut is not to replace a proper analysis and thorough due diligence, but if you're analyzing a ton of deals, a quick a shortcut may be helpful to determine if a deep analysis is warranted.

I assume this would require some sort of formal parcel/lot split with the city if it were allowed, anything else that would need to happen?

They will probably hold your rehab money in an account and have some sort of disbursement criteria set up for all rehabs.

You can find all sorts of investor meetings there on MeetUp.com.Networking locally is the best way to find out what's happening in your area and to meet the investors who will sell to you and buy from you.

I’ve heard a little talk of the Atlanta residential marketing prIcIng sort of plateauing.

I agree that section 8 is sort of a better play in a certain neighborhood.  

Hello Bigger Pockets, I’m sort of new to this forum.

I was thinking of having one of our partners buy the property from ourselves in possibly a 203k loan or some sort to get out of the hard money loan.

Also the place is sort of a target right now and if you are going to have repair people outside they should understand the risk.