The amount you can use for closing costs and rate buy downs is limited, so that leaves you with the majority of the credit for "upgrades," like finishing the landscaping, building a fence, installing sod, a sprinkler system, planting trees, buying appliances and installing blinds, etc. 

I’m in a city that really suffers from developers wiping out all the culture and and building expensive housing.

I'm invested in their last multifamily fund and that fund has not paid out distributions for close to/over 2 years, my equity is less than the $100K I initially invested since the value of the properties have gone down AND in the last newsletter Brian Burke planted the seeds for a POTENTIAL capital call in the future (contrast to the 2023 newsletters about having a fixed rate for a few more years and a long runway). 

When the economy suffers as a result of too much of a contraction, debt payments are harder to make, etc, then go through the cycle of loosening it again, devaluing the currency so debt payments are easier to make, and banks can profit higher than before.

The best time to plant a tree was 20 years ago.

Rents have not quite kept pace with the median price increase and as a result, cash flow has suffered.  

Does anyone have any solid insight into the historic gas plant district redevelopment of the Tropicana area?

Only appropriate potted plants and other outdoor furniture are permitted on patios, decks and balconies.

Newer ones (2008+) are suffering from seasonality now but will pick it up in Q3-Q4: if you look at historical data, Miami Dade county has always had seasonality low volumes during summer time, due to hurricane season, holidays and less tourists visiting. 

When companies reach the size of Greystar or Western Management customer service really starts to suffer.