Interesting to see how this thread has morphed over the period of time.

This deal came through a direct seller lead, which we negotiated quickly and efficiently.

I may be 19 but that does not have any factor in how I efficiently operate my business, as you can see.

In our experience, things move in ebbs and flows and the speed of rental depends on your asking rents relative to competition.For example, there was a period of several months at one of our properties when a 3 or 4 BR unit came on the market it rented almost instantly. 

Excluding the periods of “tulip bulb” irrational exuberance, a property must produce enough of a risk adjusted return to satisfy both the ROI demands of the “limited partners”, and the income/time requirements of the sponsor.  

A class property is great but doesn't make sense if you're looking to scale efficiently. 

It's working out ok other than some latent defects the seller hid from me and my inspector during my due diligence period.

That's that's interesting, so if Matt invested$500 over a 60 month period, he would see a total of $300 income from his investment.

We maintained our collections above 95% through that period as did most other good operators.

However, because the Department of the Treasury recognizes that reporting companies may need additional time to comply given the period when the preliminary injunction had been in effect, we have extended the reporting deadline as follows:Reporting companies that were created or registered prior to January 1, 2024 have until January 13, 2025 to file their initial beneficial ownership information reports with FinCEN.