My guess solely looking at your numbers is that it's an older/distressed property which means you have to account for more costs in capex. 2nd thought being it's not in the best of neighborhood then you'd have to take into consideration lower quality tenants/ neighbors and maybe increase expected vacancy and late payments.

Late Payment Penalty: A late payment fee of 5% of the overdue amount will apply if payments are more than 10 days late.3.

Hi @Brandon MorganI'm a little late to the party here, but whether or not to get an LLC is something many real estate investors consider, and it often depends on your specific goals and circumstances.

However, a court lawyer assisted the non-paying tenant in filing a "motion to allow late answer and discovery" and accused me of retaliation because they reported me to code enforcement.

Rent growth:  This has been flat to negative lately. 

They have been all over me lately.

Quote from @Jake Bute: Good Afternoon,I listened to Wheelwright's podcast the other day discussing how short term rentals do not have the same rules as long-term rentals when it comes to some of the tax laws around active/passive investing.

Good afternoon everyone, I am an Airbnb host in NYC and I am looking to get in touch with a lawyer that works with short term rentals.

Is there anything they can do to keep you from transferring your assets to another custodian or is it already too late?  

They simply took a play out of the Santarelli and Fossum financial fraud playbook and promised 25% annual returns to investors.Unfortunately for those investors, by late 2022, investors stopped receiving payments and were literally “re-upped” or re-solicited by Lopez and Mehr for more money to help them avoid bankruptcy.