I wouldn't have told the tenant I intended to sell the house but that ship has sailed.The tenant is responsible for the full term of the contract.

Please correct me if I am wrong as I am about to jump ship to MF.1) My SF properties often are empty at the same time - summer - because everyone is moving after the school year.

I shipped them to property managers instead.

In Portlandia were are see price concession and or free rent etc on some of the new build real high end 2500 dollar elevator buildings on the east side.. this is happening now.form what a friend of mine who owns a management company with 6k plus doors was telling me at lunch.a few buildings are stressed right now.take this scenario.. you buy the land 3 to 5 years ago it takes at LEAST 2 years to get through permitting then another year to build.. cost of building in this time has gone up 10% or more.. land is static .. and your proforma show this ever increasing rent.. you now come on market and your 4 story elevator building now cost you 400 a foot to build.so your in a new apartment 400k.. you need 2,500 a month just to hit your investor grade 4 to 5 cap.. and now rents start to pull back as they are or lease up is very slow at those values.. so you have full amount of debt on the building and of course everyone these days has max debt.. so debt service and DCR ratios start to go out of wac  you have annual reporting and loan covenants .. you no longer meet your covenants and you have a cash call to your lender  along with negative cash flow.. this is what I mean by some are stressed..

I’m in a 506(b) on the GP Side right now & other than the ability to advertise under 506(c), one reason one wouldn't go with 506(b) and accept Sophisticated investors is increased liability.We feel comfortable and run a tight ship so we’re not too concerned; However, our SEC attorney has drafted all docs (operating agreement, subscription, & PPM) and has encouraged us to have the PPM be a more robust version because we are allowing sophisticated investors to colloberate. 

I never saw that Podcast but I'm interested as well as I'm living and China and an curious what he shipped.

High tides raise all ships"  - this is why you're seeing traditionally dead markets growing.Never a better time to be a flipper.

Chicago and all the surrounding town ships almost always uses zoning to make these areas less dense. 

I went with Riverwoods Flooring (online with free shipping).

I am just a silly lil ape with an ego from here to yonder :Ppshhht... don't get mentor ship!!