The real issue that can and has reoccurred more than anything else IMO is that the original seller cannot just waltz out and get a new loan after their credit has improved.

To this very day we are still taking on new clients and are doing just fine, so it goes to show you can’t please everyone but that doesn't mean you can’t still do good business and improve.

I am in my working years, not relying on rental income, and am focusing mostly on improving my overall net worth (not as focused on living off the cash flow).

If there are clear signs of negligence (kid throws down, paper towels, food, fats) then you can get the invoice from the plumber with the notes and present it to them. 

For investors, this translates into higher cash flow and improved ROI.2.

For every ONE PERCENT that cap rates move against BAM they have to improve NOI by $6,000,000 just to BREAK EVEN on the property value.

Full stop.An investor can buy undervalued RE, do efficient improvements and create massive value. 

That would mean a return of $253*43 - $8735 = $2144, which translates to a yield of 12.49% over that period (plugged those numbers into 10bii) or a CoC of $2,144 / $253*43 = 20% +/- a few basis points to account for cost of capital.By using this system we got about a 2%-3% improvement from the original 10%.

The only way to improve is through those moments where we fail. 

The property also comes with 7 acres that the airport told me i could improve with their permission.