Don't amortize the concession, that affects your NOI and the valuation of the asset. 

The person who told me that they couldn’t do anything about it on the phone didn’t sound like they were the authority on the subject, but rather just that they didn’t know how to.

I agree with complications of ownership when it comes to Land Trust, and it also does nothing for asset protection. 

Some have mentioned issues with the Indianapolis Housing Authority, including delays in payments and cases where landlords with new tenants haven't been paid since January 2024.Do any local investors have insights or experiences with this?

Asset Protection Trusts don't protect assets?  

This is the real value of this particular asset.  

Tools like Cashflow Analyzer Pro with Deal Instant Analyzer from Asset AFC can help you break this down and understand your potential cash flow and return on investment.

I use my own application, which has an imbedded authorization to release information for their employer and landlord.If they have not confirmed an hour prior to their appointment, I send this text to their phone (which was required as part of their contact information I required in the response to my ad):As I had requested in my email, you have not yet confirmed your apartment showing for this evening, scheduled for 7:00pm.

So if I am looking at an asset as a 10 year play - I look more at the location, schools and how has this market performed in the past excluding covid and 2008 which were extenuating circumstances.Reality is right now shorter term plays do not work based on numbers and cost of financing - we went through this same thing in 2001-2004ish timeframe where properties would appreciate 2-3% per year and after buying costs and closing costs - you were not making money on assets unless you performed the labor or found a really good deal.this is how real estate "typically" is - which is why everyone always says location location location - because after a decent holding period, you will win.

I don't know because I never heard anyone in authority address the reasoning honestly.