This turned out to be a great decision for us and our investors, because a few months after the buyout was complete we sold the property for a massive gain, and our investors received profits that would otherwise have been allocated to the institutional LP had they still been in the deal.For these reasons but not only these reasons we choose to raise capital from our base of HNW investors. 

How do you know 60k reno is really the price it should be, 60K is a MASSIVE job, Roof, 5- 8k, assuming, 25- 30 sq, Furnace $1700k, HW 1300, Spackle Paint, 3kish. 

Not sure how often that happens and to the extent it does, how much individuals are receiving.Trying my best not to politicize this, but have to add that massive bailouts are going to continue to get harder to afford with the high federal debt we have today.

I'm from Florida and moved to the Columbus market after seeing the massive growth coming to the city. 

Take massive action, and eventually it pays off. 

Exterior PaintThe home has a concrete foundation wall that extends about 3 feet up before the siding starts.

Have contacted building and concrete companies and approximately looking at 28 per sqft buildings built.

Those deals generate massive returns.

Just throwing a ping pong table on a concrete slab in the garage is marginal.I had an STR buyer in Conifer, in the mountains outside of Denver, turn a massive unfinished walk-in closet into a little arcade area with two comfy lounge chairs and two vintage arcade games.

Or do they charge massive fees that private equity sponsors charge for their LP investors for buying businesses (2% management / 20% profit)?