VP is lime stone very scratch resistant and recycled plastics.

I've seen deals with unusually high front loaded (acquisition fees) or asset management fees tied to the overall capitalized value of the deal rather than being tied to the ongoing operations (income). 

“Market” waterfalls vary based on the business plan and type of investment (and a lot of other factors), so without knowing what the underlying strategy is, it’s difficult to say if this is out of market, or how far out of market.Having said that, a first hurdle starting at 50% is pretty unusual, and an ending hurdle of 10/90 is almost unheard of.I’ve seen development deals with a first hurdle after the pref at 50/50, even house flipping deals, because the sponsor/developer is doing a lot of heavy lifting.  

The moves were unusual for the private fund manager, which tends to use debt to maximize returns.A person familiar with the fund said debt accounted for about 20% of the money it spent on acquisitions, significantly less than the 60% its terms allowed.

Also consider that it would be unusual to do three separate boilers.

I would appreciate your feedback on my current unusual real estate market that's both highly opportunistic and problematic. 

It would not be unusual to have a small HOA or WUO (water users organization) formed with small monthly or annual dues collected for the benefit of all to maintain the ditch, pump, etc.

The house has some unusual qualities.  

And, I would guess, not an unusual mistake to make going into a new market. 

Matty,Talking about In & Out Burgers in front of Tim and others here on the forum is very similar to waving one in front of them, but just out of reach.It is called cruel and unusual punishment!