The property immediately attracted tenants.Lessons learned?

If you are worried about being over leveraged first look at your personal debts that are not producing income for you.Remember that when you are increasing equity in a property you are only reducing the risk of the lender.

I pay my contractor and myself out of my cash flow and am looking to increase my portfolio.

While demand has softened slightly this year, (due to cruising or overseas travel) the travel industry is confident that next year will be particularly strong due to the opening of Universal’s Epic Universe theme park and new Disney attractions.

Firstly, various government policies and programs aimed at promoting homeownership can sustain or increase these rates, even amidst rising prices and interest rates.

@Nathan Gesner we saw a sharp increase in fraudulent applications during COVID.INCOME: fake paystubs & W-2s---We've always required a bank statement, so we could corss-reference income as most employers now diret deposit. 

But there could be reasons like type and terms of financing that make this an attractive option3.

you'll increase rents and an opportunity to refi at a lower rate.

They are 2 bedrooms units though and typically does attract different tenants than 1 bedroom units do.

Here are the key points:Reasons to participate in the capital call:It may allow the property time to stabilize and potentially sell within 24 months at a better price, avoiding a significant loss of LP-invested equity if forced to sell now in an inopportune market1.The additional capital can cover costs like rate caps and allow renovations to resume, which could help increase revenue and better position the property1.The operating agreement likely outlines the terms of the capital call that LPs agreed to2.Reasons to be cautious about participating:Capital calls can indicate the investment is not as sound as originally thought and is potentially at risk2.There is uncertainty around whether the additional capital will be enough to turn things around, especially if interest rates remain high and the market stays challenging for longer than expected4.LPs need to carefully consider if they would invest in the deal now based on the current facts, rather than just trying to avoid a loss on their initial investment4.Other important points:LPs should review the operating agreement, seek professional advice from their attorney, and ask the general partners detailed questions about the capital call2.If an LP is unable to contribute to a mandatory capital call, they may be considered in default and only entitled to the return of their remaining capital account balance, with no further distributions5.In summary, whether an LP should participate in a capital call depends on their individual assessment of the risks versus potential upside after carefully reviewing the deal specifics and getting advice from professionals.