Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.

I had a very pleasant phone conversation with Bob (SVP of Praxis) a few days ago and his knowledge and approach was aligned with how I operate.

I’d love to hear more about the property and how you’re planning to approach the rental market there.

If they are wanting an even more hands-on approach, then i would refer them out.

I wanted to let you know that you could use a primary HELOC Mortgage and run a simpler approach to pay off your home early, or make principal payments, or save up and recast your payment.

I’d love to hear about your strategy and how you approach due diligence when expanding to new markets.

I’d love to hear more about your approach to value-add plays and connect further! 

I concur on the Section 8 approach  and don't forget the complete background check.Stop the bleeding first.

*Development plans for expanded Hoffman Town Center*Although specific tenants have not been named yet due to the development being in the earlier design and planning stages, the vision as described by Hoffman Co. is a commercial and residential mixed-use development including a new public school, storage center, city agency training, a farmer's market, festival space, beer garden, and "other similar uses approved by the city".Sources:Developer laying groundwork to go bigger in Alexandria’s Eisenhower corridorAlexandria considering big plans for properties next to Eisenhower Avenue Metro stationPotomac Yards Alexandria: The 2$ Billion Sports Arena is not the Biggest Development in the Pipeline for Potomac YardsThe Sports Arena was a recent idea that was part of a bigger plan approved in 2017, that called for a massive shopping center at Potomac Yards and the surrounding area to be redeveloped into 1.9 million square feet of office space, 1.1 million square feet of residential space, 900,000 square feet of retail, 300 room hotel, and 9.3 acres of open space by JPG Smith.

I just want to focus on what I do and whether I can legally employ one or another approach/strategy, to test its viability.