All original tenants were long term low rent tenants.

@Richa Wardhan every investor has to find their own answer to your basic question - focus on portfolio growth or paying off what you have.Portfolio Growth leverages your money using loans and tenants paying off these loans.

If you have a slow leak...coverage is less likely especially with aged plumbing.To the original poster, Salil.  

We learned through this process that when we don't have the answers, we need to ask for help.

Let's use that as an example. 20% down is $43,000 plus lender loan origination fees, closing costs etc is going to push you over $50,000 cash out of pocket.

I’m happy to answer questions that you have.

Increased revenue and decreased parking demand allowed us to carry income-restricted units as well.We originally planned on spinning it out into a brand, but we never had the bandwidth to do so.Our largest hurdle has been education as most of our tenants are coming in to rent traditional units.Investors did not love it. 

Great tools that get updated regularly.I am on the lending side of things and would be happy to hop on a call with you anytime to discuss financial strategies and help answer any questions you may have about nearly any loan product available to help you on your journey, even if they are not products my capital partners offer.We are all here to help you learn and grow.

They help prevent after-sale tenant disputes or surprises about matters that originated with the former owner.

Adding details and specifics can help get to the answer or direction you're looking for.