Taking the time to create a baseline business plan forces you to think through the "why," "how," and "what" of your real estate endeavors.

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. 

Except for forced appreciation, you have no control over appreciation after you buy a property whereas you can make decisions along the way to improve your cash-flow.

It’s all about finding a balance between purchase price, financing terms, and smart rental management so you’re not forced into the red.

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

For example:If a wrote up a contract between myself and the LLC for a loan on said money and the LLC was sued and forced to sell the property.

4) new roof, new HVAC, new water heater, ac panel, replacing plumbing to PVC5) framing (creating new bedrooms or baths)thanks to everyone that are willing to share this info according to their experience.Dean,  Each area is different due to material availability/shipping/labor force/etc...

Charges have not been released online, but it was a forced entry.  

You won't be forced to de-convert unless you have violations...eventually the city will start fining you.Very critical terms are non-conforming (no violations - grandfathered in) vs. illegal (violations)...

It drives me crazy but it does force me to 'prove it' before we spend money.