I watched their latest webinar 12/23 and they are still at low leverage.

The close date comes and passes without notice despite me reaching out. 

Knoxville isn't a luxury market. widen the gap and do new construction. find infill plots of land in better locations and have more control. work closely with a builder who Is working with investors. we have flippers who did hundreds of flips then they graduate to new builds and say it's much easier. if you have the balance sheet you'll be fine. budget 20%. new construction commands a 20% premium and is much easier to duplicate Over and over and much less risk. 

I of course would need to look for the deals and do letter of intents on properties and find them and they would come with me to the closing table pulling out equity and then getting the cashflow.

All residents but the smokers have lost use of their balconies and keep windows closed now.

I believe they are recouping costs associated with loans they don't close.

This can lead to "renegotiation" demands at the closing:(Other Potential Issues to Consider:Being in the chain of title is also exposure to potential legal issues.Selling an assignment may be a violation of a state's real estate statutes.Wholesaling w/o a real estate broker's license may violate your state's statutes.I'm sure there are more...

.- These fees are due at closing and are part of the overall transaction costs.6.

So you sell, and get your deployed capital back that got that property BUT also have appreciation and debt paydown, so the $ from closing is enough to buy 2 more new built units. 

Did you guys close and everything go smooth?