Sounds like they are dumping a bad 1031 property into a REIT and spreading the financial burden upon existing REIT members. 

-> Sierra west-> Bad schools,builders ready to negotiate, rents are not that greatAny advices, pointers on this .Thanks

but end of the day lots of Black on your balance sheet simply is not a bad thing.. 

Not bad in my opinion, but not for everyone.

Quote from @Isla Arshad: You know in your heart she's a bad tenant.

I'd have to ask my wife who handles the accounting etc about the fee question. 30 to 45min a month for 62 properties Not bad.

My assumption is that there are a lot of bad apples, and very few that actually care about the seller.

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. 

They know they ins and outs of their property, and you bad-mouthing the property isn’t going to going to endear you to the seller.

Had someone dating his daughter and they did something bad.