Hope that helps explain the policy a bit more :) I need to stress again that I was not in the right frame of mind when I made this post.

It's really stressful, slow, and expensive.

I am by no means good at making websites, I still haven't been able to embed the listings page, apply now, or resident log in buttons to my website.Just curious what others are doing to make an easier process.Thanks! 

Don't stress out on picking the prefect name, you can always do a DBA to use.

If there's a hole, it may be a red flag.b) sensitivity analysis: I examine all the assumptions, and make sure I can live with the worst case scenarios.c) "Stall and see": if they are getting money over multiple years, and there is no penalty for investing later, I would usually wait so I get some real performance data, versus having to look at theoretical pro forma information.d) Recession stress test: I will not invest in anything, until I subject it to recession level stress and see if I can live with the result.

There are some “hot button” topics on BP which bring out “knee jerk” reactions and sometimes incorrect assumptions from some of us long time and frequent participants.  

As Sean above alluded to- never pay a seller for your future hard work, risk and stress. 

Transparency is key- detailed budgets, timelines, and exit strategies will set you apart.That said, moving to a new home mid-project could add a lot of stress.

Top 3 reasons owners hire PMCs:1) No time to manage correctly2) No time to learn how to manage correcly: laws, documents, processes, etc.3) They're too nice and need someone to "save them from themselves"A good PMC can usually earn their fees by better managing the property/tenant than the owner, thereby:1) Increasing owners net profit2) Decreasing owner's time commitment, stress, headaches, etc.No matter what though, you should always plan to commit a couple of hours a month to manage your PMC.

That doesn't stress some of us out at all, but for others it's a headache.