Three turns downs; what does the adverse action say is the reason for the turn downs?  

.- thanks  -   1) if you have  ample assets / Cash  leftover  after the plan you outline  - this  looks OK ....2) if this plan will  take up the  majority  of your  working capital - then  this isnt a  good idea    3)  most any deal will  cashflow if you use  cash to pay for it   4) if  adverse to gettting a large loan for it  - consider taking a smaller  loan  ( eg  50% ltv )  in order to  save  some cash for  future needs  5)  make sure to  review the  resale certificate / HOA ccrs / binder / reserve study  carefully  and  make sure it  complex  will allow  LTR and STRs   6) good luck

No fund is going to employ all of its capital on one asset, as its job is to provide risk-adverse returns.

(C)ScopeSubparagraph (B) shall apply to a person procuring a consumer report on a consumer in connection with the consumer’s application for employment only if—(i)the consumer is applying for a position over which the Secretary of Transportation has the power to establish qualifications and maximum hours of service pursuant to the provisions of section 31502 of title 49, or a position subject to safety regulation by a State transportation agency; and(ii)as of the time at which the person procures the report or causes the report to be procured the only interaction between the consumer and the person in connection with that employment application has been by mail, telephone, computer, or other similar means.(3)Conditions on use for adverse actions(A)In generalExcept as provided in subparagraph (B), in using a consumer report for employment purposes, before taking any adverse action based in whole or in part on the report, the person intending to take such adverse action shall provide to the consumer to whom the report relates—(i)a copy of the report; and(ii)a description in writing of the rights of the consumer under this subchapter, as prescribed by the Bureau under section 1681g(c)(3) 1 of this title.

Its called "adversity"...

If you are risk adverse real estate, (especially out of state) is not for you.

If you are risk adverse real estate, (especially out of state) is not for you.

@Seth Church - I also grew up in a family that was debt adverse.

I wouldn't let the dramatization of "adverse economic impact" between ferociously competitive SEC schools lead my investment decision making.

The danger is the failure to respect the power of adverse markets and the disadvantage newer sponsors possess in navigating them when they occur.When and if markets move, some will survive and some will fail.