Appraisal for post renovation is 5.5 million.1 million equity for one deal and around 9,000 per month in cash flow once stabilized is life changing to me, along with the cost segregation.You can make money in real estate in so many ways, whether you're @Jay Hinrichs funding deals and developing, or @Brian Burke syndicating, or wholesaling, buying single family homes, fixing and flipping, short term rentals, etc.The key is to pick you vehicle and master it.I would be remiss to say that I believe multifamily is the holy grail of real estate investing.

It was a MASTER CLASS!

I see a number of economic development and community vitality initiatives initiated circa 2020, including a community master plan, the development of the MetroHealth complex and associated green space, the Community Housing Plan 2030, 25Connects, Mayor Frank Jackson's Neighborhood Transformation Initiative, and others.

Furthermore, these start ups are usually VC funded, and the demands of their investors is that they scale up quickly, which runs counter to the ability to master even one local market well, as I detailed above. 

I had the same WTF reaction, why would a vacant property need a smoke detector but lo and behold it was in the "master policy", a copy of which never was provided at the time. 

Master Lease with an Option.

---Continued Here: https://www.biggerpockets.com/blog/mastering-tenant-turnover...

I could also just do a straight arbitrage/master lease but prefer the co-host model as I see it as more equitable and disperses risk and reward more evenly between myself as the co-host and the syndication LLC as the property owner.

Hey BP Community! I remember listening to a podcast episode of someone who would rent their LTRs to a non-profit at market value so they could use the housing for people in need. Does anyone remember the guest and pod...

I am having trouble with my borrower, and this experience is serving an in depth master class learning experience  ;-)  I may have to move forward with a foreclosure.Within the context of what you have outlined, what then is the difference between Mortgagee/Loss Payee vs.