I have clients that have these kinds of arrangements, and while it is easier when an org fills your units, you can lose control of maintenance and cleanliness.

Cameras showed it was the pest control person.  

It’s a short dead end road so I have this notion to own the whole street and control the look and quality of the neighborhood . 

For instance, we stopped originating these three rehab programs and instead originate a construction loan on our balance sheet that we have complete control over.

If you had bigger cabins only, definitely not.One thing I would add though is that your returns are somewhat based on your purchase price which you can control. 

This way I can also control the maintenance cap/ex aspect. 

That’s a problem if trying to enforce a security position as a lender or Noteholder.You may gain control but economics will dictate structuring a deal to pay the problem spouse something as a “lovely parting gift.” 

@Isadore Nelson yes, I know someone that recently paid $500k to get a longtime rent controlled tenant out of a Carroll Gardens Brownstone.

Chris seems like a great person that is passionate about helping others take control of their money.

It’s always an honor to contribute to such an incredible platform that empowers investors to build wealth and take control of their financial futures.