We gave him an old lease that said he didn't have to pay water (we newly split the utilities in the unit) and he noticed we charged him for water and then we refunded him (although he continued to send us pics of his napkin math that says we didn't refund him enough).   

Either way, i always decide to buy additional properties as opposed to developing what i have, because I’ll continue having that and can do what i please in the future. 

I did ask that Dmitri send me some example properties that had already been sold or more information that I could use to continue my research.

Appreciation is occurring and I suspect will continue as the market strengthens.  

It varies, but when retainage exists that will drive up the cash to continue to advance the project because borrower won't be receiving draw releases equal to their outlay. 

Hence, the search continues.

I don't think the fact that prices have gone up 5 years in a row is a good clean indicator that they will continue to do so, if it cashflows today and I can hold it for 20 years inflation should do most of the heavy lifting for me. 

In Miami, i have my family and also have great opportunities to build a career there from my parents relationships.Now, im not sure if when i graduate, go to Miami where my family is and start from scratch or if i should stay here in boston and continue building relationships to be much ahead when i graduate.What do you guys think?

No lender will touch the property for enough for a Wrap Note to cover the underlying note.We and our investors, continue to buy using Subject To, but we allocate reserves as a mandatory requirement.

with the current market micro & macro trends, our market is poised to continue to go up for the foreseeable future.