Given your focus on equity and scaling for future development, targeting properties where you can force appreciation through value add renovations seems like a natural fit.

This was done to protect senior citizens on fixed incomes from being forced to sell their homes due to unaffordable property tax increases.Since the passing of this amendment, all properties in Michigan have two property tax values associated with them:State Equalized Value (SEV): supposedly equal to 50% of the market value of a property, not based on recent sales price.Taxable Value: the SEV annually capped as long as there is not a transfer of ownership.City Assessors are charged with determining how much property values have changed each year.

In short, he could simply not return the money or the profit by saying that he had reasons of force majeure, without clarifying any additional details.

Has anyone seen data/reports on which platforms prospective tenants gravitate to the most?

Purchased home with potential upside in hoping to force appreciation in the house in order to create equity and eventually utilize the equity (HELOC) to begin investing in other properties.

When you say the 2 plex appreciates more, are you talking about forced appreciation or simply the value going up as the market goes up, what I'll call simple appreciation?

Hey @Monish Anand - Long distance real estate investing can for sure be challenging, but also forces you to dial in your systems or fail!

Fix the property up to force equity, rent, and refinance with a 30Y loan.

It can sometimes happen even shortly after buying a unit - life forces change sometimes.

We've also postponed any new capital raising activities since deploying new subscriber capital into distressed assets that we cannot resolve quickly does not make sense.This virus has definitely forced distressed-debt managers to become more creative and patient in a market that they cannot effectively control.