This is something I make sure to discuss with anyone I partner with so that the last thing we face down the road is a margin call.

Some investors have found that working with the right team even in challenging markets can be a pleasant and profitable venture.  

Facepalm: the act of literally hitting yourself in the face with your palm out of frustration1 property is doing ok.1 property had a suncoast employee rent it and stopped paying after 1 month.

We're looking at a couple more LTR investments along the Oregon Coast but they just don't have the numbers we'd like to hit, so we may sit tight for now until something whacks us in the face. 

My developer client successfully defended the initial challenges and settled on this having PE rights, so he shifted the site plan to avoid the issue.

Being young will present challenges in a field where experience is highly valued not just with lenders.

If the property was misrepresented in the sale documents, there could be grounds for legal recourse, though this might be more challenging after the rehab.In a similar situation, I’ve seen investors focus on maximizing their returns by operating within the legal limits (e.g., as a single-family or duplex) while still exploring long-term solutions with the city.

@Breeya Johnson Austin has gone through numerous changes the past five years, both good and challenging.

Are you seeing similar challenges with rent growth?

We will meet at different adaptive reuse location each meeting to see the transformation and discuss the opportunities, challenges, and rewards of this strategy.