The manager hurried over to the house the day I flew into Dallas and changed all the locks and put up a lockbox without informing the neighbor daughterWithout knowing the liability risk involved with entering the home, the neighbor daughter found out the keys she has no longer worked, but the tenant had paid for the entire month of August already so they are still in possession of the house, called the manager and told him if he doesn't give her the code, she's going to call the police and have them watch her break the lockbox off the door and then send him a lawyer's letter.The manager shouted at her and said the owner didn't want to have anything to do with them any more, that they don't need to do any cleaning any more and everything left in the house would be thrown away, so she can't enter the house any more.I happened to catch the daughter on the phone heading over to break the lockbox and found out about all of the above and told her to calm down and I am allowing her to enter the premise with the lockbox code.The daughter cleaned out all the trash and moved all left over furniture in the home and met me for the final walk through the next morning (should be the PM doing this).

Your mentor is a sounding board, there are so many little things that come up, having someone to call, and hold your hand will help--when there are tens to hundreds of thousands on the line,.. you need someone to help calm you down and stay on path, it's scary at first!!!  

Depending on how the waterfall is structured, the preferred return holders will have first rights to the cash flow, typically an asset manager fee is the only component paid before the preferred share holders.

Just keep calmly asking for the list price... you will get thru the sales stuff...

I would calmly confront the agent and explain that commission he is asking for is on the current sale, he earned commission on the purchase when you bought the house. 

I suggest the two of you calm down and get another life.

So thanks for the pre-calm Thomas S.

Anyway just my thoughts... no question though we are seeing some buyers calming down on paying higher prices.. however I just had lunch last week with a client of ours from SF they just paid 240k over ask for their home they bought on the SF penninsula.. that was 3 months ago.. so who knows. 

There are plenty of aggressive/destructive 20 pound dogs, and many calm well-behaved individuals that happen to belong to a stigmatized/prejudged group. 

As long as our favorite hot head stays calm we will be fine.