The shorter the prepayment penalty period, the more it has an impact on the rate.

I fired my pm who got me by purchasing the pm i had hired and lost my 1000s of reviews during covid lock downs (so 2020 and 2021 were covid impacted).  2022 had a down time that affected the year.  2023 and 2024 the entire off season was worse than before covid.  

Thank you for sharing.Ironically, we have had the opposite impact from the poor management of IHA.

That said, not all markets are the same—some are seeing rents slow, which could impact prices more.

First - you have to mention what the syndication will do as that will have an impact on how you get taxed.Given that this is a real estate forum, it is assumed that you are investing in a syndication that will invest in real estate.Most real estate syndications purchase real estate in year 1 and have a plan of selling / exiting in year 5 or 7.Often times, the sponsor will get a cost segregation study which increases the loss on the K-1 presented to the investor in year 1.This may be important as it almost guarantees that there will be no taxable income from the syndication from year 1 to the year before exit.If the syndication does well and exits at a price more than purchase, it may result in a taxable income. 

Did it positively impact your relationship with your tenants?

The property should have more impact than credit for hard money, but if you have never used the company, you are probably looking at 14 pct and 2-3 points now.

I'm considering dumping contractor's bodies that screw me there haha

I don't much care about the golden visa being sunsetted, but obviously the restrictions of AL licensing would be dramatically impactful. 

Always evaluate your options based on ROI and the impact on tenants to find the best path forward.Good luck!