ATM business mainly makes money from the transaction fee.

But at turnover you needed better paint and change out window coverings almost always.. change carpet every other tenant.. glad i had concrete floors in the main living areas..

One of our Main principles is that we do not take any upfront fees ever !

Today's Americans want to live on Sunset Strip and pay Main Street USA prices.

Mainly because they advertise saying they have been investing over the last 15 years and been wildly successful.

I understand credit enhancements and additional guarantors are sometimes required but to be unable to cover escrow funds and to give away deal ownership for that service is kind of crazy but back to the main point, the real issue is when the Co-GP is not truthful about their true role or embellishes their portfolio/ unit count. 

So, I've got a difficult tenant.The main point is that he hasn't paid rent since September. 

I don't know if the main participants in this discussion deserve medals or need better hobbies...

Yes I do understand a majority of people don't think its a good strategy mainly because of the turnover, the risk, the lack of equity. 

The main advice I would recommend is to begin networking.