I'm Michael and currently live in Indianapolis (South Broad Ripple). 

I do not think this was a major strategy killer, but the house sat empty during peak rental time (Summer before school started) and is still vacant at a price above Proforma.Some Observations: Closing costs came out to be much higher than the proforma estimateTaxes were spot onProperty Mgmt. fee spot onThe vacancy is listed at 4%, even though PM says I takes an average of 45 days to rent, so it’s a broad average I’m assuming after tenant leases or across all their properties.They advertise 2-year leases during the tour and most turnkeys are rented prior to closing, not the case for my property, still vacantOne inquiry has come in for a family whose house burned down, but they want 3-month lease smack in the middle of winter for another renewal, not optimalNeither the marketing department nor PM inside Reedy was very proactive as far as communication.

It's a given that it would cost more than the same trip via a ground car, even if ground transportation doesn't gain its own improvements (which it will - autonomous networked vehicles will make the ground trip safer, faster, and cheaper than present ground transit, and that is *much* closer to a broad implementation than air taxis). 

Thats a very broad question.

Nicetown Tioga ''Broad and Erie"

Is it ready for broad adoption?

Hi, I was wondering if anyone can give me some color on the operational steps involved in purchasing bundles of non-performing notes, in broad strokes. 

But with regards to OP’s specific question, in addition to what was mentioned above, I think the book would have you think more broadly about the team you would need to compile to make the situation successful (ie realtor, property manager, lender, and contractor [if necessary]).

My question and I know it’s a broad question, so I expect broad answers.

We value each deal independently and agree on a fee structure (usually 1-5 points and 10-15% interest as a broad range).For context one of my company's business lines is first lien notes (hard money).