But it slides apart and it was constantly chipping and cracking at the edges during install.This stuff was terrible, of course I DIY the whole thing so I may have done some stuff wrong. 

Very interesting thanks for sharing, how does this kind of thing differ form the chip manufacturing and server farms we are seeing in the midwest also? 

There wasn’t much to steal—just a drill and a bag of chips. 

If your walls are chipped, scratched, or full of nail holes and screws, then it won't look that attractive and tenants will assume you don't care if the walls are chipped, scratched, or full of holes.

They'd chip in for that 15% gap in exchange for a fixed return upon sale.Have you explored seller financing on the land acquisition side?

However since I built the relationship, he allowed me on the property to fix chipped/peeling paint and waited until OCTOBER, which was when I finally got to the closing table.

Since there is no reply from OP, let me chip in.

I would imagine all would pursue different career paths if they knew the chips were stacked so greatly against them.

That said, over a long time horizon, and for investors who are willing to take chips off the table and not continually double down on PML, it's a great return and the spread is large enough to make a big difference.

But if you’re feeling over-leveraged, it might make sense to chip away at the debt, starting with the highest-interest loan.What are your thoughts?