Although we do have deals on the lending side that dont work but we are not forced into a position to take big loss's like we were when the banks were calling our loans.. this will happen in the DSCR world as all these folks are using same type of debt IE debt that can be called based on the terms of the debt or like you have seen with the syndicators that are talked about on BP max leverage bad debt things dont go right And you have cap calls or projects totally lost. 

Forced Apperception (BRRRR or buying at a discount) is also a hedge against corrections.

At the time it was fairly easy to find properties that needed enough rehab that you could really force up the ARV.

But assuming its a stable but growing market, every dollar of Net Operating Income you are able to force is explosive to the underlying asset value.Under both of these scenarios, you do not need to syndicate as long as you don't go too big on the deal size. 

Other forces including skyrocketing insurance premiums, inflationary pressure on expenses and tough competition in the Class A space work against efforts to improve NOI. 

If you want less risk it's not for you. the cost of capital right now is forcing some to get deals at par and hope for appreciation (due to inflation). this works if you have other income to offset. 

This strategy takes advantage of forced appreciation & favorable primary residence financing. 

Same result as above.A third alternative is forced inflation.  

This will force a lot of equity into my primary especially once the rebuild is complete.

It really forces the syndicator to be more conservative in their underwriting.