Some of these same GPs/Operators loss 30-40% of their net worth in less than two years depending on how aggressive they were in investing and how much cap rates expanded.But great GPs often have certain characteristics:1.

That's a whole different animal....then you assume all of the risk and liability.

How many animals do you have?   

Purchase price: $68,000 Cash invested: $5,000 Sale price: $99,000 4 Unit quad in Medina NYRenters were tough and management company's locations are too far for a regular check up.Had a renter pass away and then DCS came in and the house was condemned due to farm animals in the upstairs unit where the person passed.We were too far to keep tabs on this investment so we sold the home.

As long as the locational characteristics, including zoning, appeal, school districts, etc, are similar.So, yes, you're argument may be reasonable.

Hey Emmanuel, Determining your ROI isn't about conforming to a standard "norm" because each deal you encounter will possess its own distinct characteristics.

I have a tenant with 2 certified service animals (dogs).

Make sure you get a "Release Fee" on each property; this is an amount that is to be paid to release a property as collateral in the event you need to sell, or if you have an insurance loss that insurance proceeds will be applied to the subject property and not to the whole loan keeping you stuck with an encumbered damaged property, remember they don't make construction loans as a second and the blanket loan won't subordinate (usually) to another lender, it could get messy, so have a release fee stated and understand how payments will be applied.A line of credit is not a blanket mortgage but a line of credit can use other collateral, different animal and it may or may not fit you needs.

Alex -  Construction can be a complicated animal.

When a applicant has a service dog or ESA-certified animal, is this considered a red flag?