And thanks for the compliment on the stove--literally every guest and contractor who walks into the space comments on it, so it was worth going a bit wild with it for the increased curb appeal.

@Brian McGuire Investors are bound to have wildly different appraisals right now.

The rent paid for their expenses, the property value appreciated, they hung onto it without making emotional decisions based on wild swings in the market, and it worked out for them.

In the wild you will see fractions such as 0%, 3.5%, 5%, 10%, 15%, 20%, and 25%.

The owner on site dreams they can stay for free for years and years, maybe one will do something wild to spite the x- to be spouse. 

It was the wild west because the local government was incapable of operating properly at the time since there was so much turnover in that office with the pandemic madness.

So far, I only know of one lender with no seasoning period that uses appraisal value and not purchase price + cost of improvements, but rates can get wild.

My first "real job" was working at Buffalo Wild Wings (BW3's) and it sucked but you know what?...

Getting licensed showed me how much the syndication space is like the Wild West.When it comes to investing as an LP generally: At a high level, look at the sponsorship team first before you look at the deal. 

The lease was ultimately what kept them there and during a life change, wild hair, etc. and kept me from incurring cost of re renting the properties out.