I think real estate investing has always been a long play whether it be Turnkey or any other route. 

And we are just beginning.Norada Capital Management ( Link )30251 Golden Lantern # E-261Laguna Niguel, CA - 92677-5993Professional poker players call it a “tell.”

It's easy to play the what if senario over in my head over and over again, but I've shifted from "What if" to "What's next"!

But if its a strong offer just play it out. 

There is a potential scenario where an outside rescue fund (marketed as preferred equity to new investors) could come into play in many of the projects that appear to be performing especially if they have been paying the pref (via a reserve account stockpiled by over raising funds in the beginning).

People like new homes- It is easier for me to identify with which homes will be more marketable in the future yearsCons- Cash flow usually isn't as good (which is ok with me, because it is always an equity play for us).  

Any way good luck with it.. sounds like this company's eyes were way bigger than their stomach.. to scale on scattered lots is pretty tough logistically and I guess we are seeing that play out.

Knowing the laws ahead of time and the process is very important but just know that lateness's are part of the game we play.

Likely would want to close on 11/28 at the latest to play it safe as the notice takes affect the next day, not the day it was served. 

Then divide that cost by the amount of time between now and then and that's how much you should be putting aside for Capex.For general maintenance, the age and condition of the building will play into that.