Do you think the high property taxes play a significant role in shaping your investment strategy moving forward?

They make things way too difficult compared to a simpler, DSCR solution.The type of lender also plays a large role here. 

Quote from @Joseph Shuster: Thanks all this is good insight I’m feeling the same about holding.And for marketing to weddings we are trying but having trouble, any insight on that would be very helpful.There has to be a dominant website out there for wedding venues, just a matter of finding it. 

Fast decision-making played a crucial role in this successful deal.

Ultimately, location and demand will play a big role in how it performs.

To recap, you pay to learn the necessary skills to source deals and capital for your educators and  you are actually taught to deceive investors by embellishing your track record and credentials by dangling your GP status in ways not representative of your true role.

Each role has its own challenges and benefits.

You take on the role of digging deep into their pro forma and grading it like a teacher instead of writing the paper yourself. 

You say the contractor is resubmitting the revisions but where is the architect and what role is he/she playing?

@Rick Baggenstoss Yes, i have seem some quality property bid up almost to retail. and it is always the same 5-6 bidders that you see dominating the winning bid.