If the new administration actually enacts their policy stances on tariffs, immigration, trying to ignite the economy even more....all of those things add up to higher inflation.

Set a goal of 60 days to educate yourself and dedicate 30-60 minutes per day actually doing it.

@Chris Lin not sure where else you own properties, but all their fees are what is normal for the Metro Detroit area.We have heard some PMCs offer lower fees in other parts of the country, but from what we've researched, these only apply to Class A properties - which are REAL easy to manage.We actually charge LESS than average to manage Class A rentals in our market.

Great thread - it actually inspired me to try changing some of my photos around.

I would be surprised if my underwriting would show only a $5K/month negativeIs it San Diego city or San Diego metro area but not the actual city?

But please thoroughly educate yourself on what "landlord friendly" actually means on a case by case basis.

I actually took a look at your profile and made some tweaks to mine. 

Has the borrower actually received anything?

Third, if they have $2bn of agreements (whatever that even means) why haven't they actually started building anything or even closed on the land.  

While the details are too long for a post, I wanted to see if anyone would be interested or willing to give me some feedback on the actual structure.