If the improvements were recognized as taxable property before, you might be able to keep the property taxes and depreciation setup.

This means that the true Cash on Cash return would be 12-18% as opposed to the 30%+ that they advertise.  

Would switching to targeting refinery workers endanger your ability to attact students in the future (a break in the word of mouth advertising, for instance).

In the spring you can list it for market rate and have better marketing/screening strategies in place.HOW TO SCREEN APPLICANTSI recommend you include some of your key qualification criteria in the advertisement.

If syndicator is building reserves for the first year of ownership, for instance, and not paying distributions, AND recognizes rental profit, you will have a larger tax bill that year, since you "made money" in the IRS's eyes, even though you did not receive any cashflow from your syndicator.On a more general note, a preferred return does not mean you will get that amount of cash flow each year.  

If you consistently analyze properties, recognizing a good deal will be much easier when it shows up.

The large coastal California cities were ranked very high in appreciation (not surprising) but also were ranked very high for their cash flow (this could surprise some who do not recognize the coupling of appreciation and cash flow).Initial cash flow has a poor correlation to actual cash flow over a long hold.

First, we started the firm in 2020 and have definitely ran into our rough patches as a fast growing company (we were recognized by Inc. 5,000 in 2024 as #105).

Hey brother, if somebody else posted all of that their post might be taken down for advertisement

Recognize that if your insurance goes up you need to pay $x more into escrow.4.