Almost all the attendees were new...there was a raise of hands of people who had at least 2 deals under their belts.

It is my understanding that the LLC and DSCR loan being in the LLC still protect us if we were to get into any type of litigation with renters but wanted to open it up and see if there are any watch outs I am not aware of?

Putting in a ramp, adding grab bars in bathroom, raising the sink height, etc.  

If you had not shared your post, as an owner, I would not be aware of the issues you are experiencing. 

Anything I should be aware of? 

Either way, I ran a proforma and this looks like a good deal (as long as you don't have too much in the way of rehab/maintenance costs).Also, IMO, you can probably raise rents even higher.

Now we could just pad that into the Pm fee, and then we'd raise the PM fee to encapsulate that expense.

There is a storage deal that is actively being raised for over there that you can practice analysis on.

All work done to raise value after TOD is not legally in that stepped up basis.  

They sell a 4 unit for close to 1 million dollars close to Jacksonville. they want 250k or 300k down. there's no upside. you can google the properties on biggerpockets and there isn't a lot of satisfaction. it's a slow return and get rich slow strategy. our focus is always as a builder to add maximum value, lower cost as low as possible, build and rent and build and sell the same product and raise prices to help investors out. we have a large market share and large purchasing power in our market in columbus ohio. the one strategy I never liked about turnkey new build brokerage companies like them and build2rent or others is they don't really build close to urban centers and most are single family homes. the numbers don't work on single family homes. if single family was the way to go more companies would be doing it. but by far the most common type of new construction built is three story walk up apartments.