My approach is to take a few minutes per quarter and make sure it is accurate by manually checking my true competition and adjustmenting prices accordingly. 

The national debt is approaching $36,000,000,000,000 if the government numbers are to be believed.

Those special assessments will not be enough, and the reality is the association will likely be taking debt to approach these projects (eg. paving the parking lot, residing a building) and that financial burden would be on the owners and the association. 

I’d love to hear your thoughts on whether this approach makes sense or if there are other strategies you’d recommend to optimize profitability. 

Any and all advice about how to best approach people or groups of interest would be much appreciated. 

The safest approach is to pay the worker as a W-2 employee and allow them to donate legally.

For those of you that are more experienced in this space, would you change your financing approach based on this new information?

Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.

@Jamie O'Connell I already did and noticed the comps ;-) But a true investment property appraisal should be mostly based on the income approach.

Deals and partnerships started flowing in when we focused on providing value first rather than chasing transactions.What’s been the biggest shift in your approach since getting clear on your long-term goals?