Well, we don’t own a G-5 like @Jay Hinrichs 🤣, and our process is much more local, but not much different in terms of borrower and property qualification.We only lend in Los Angeles and North Orange County.

In terms of exit strategy, I intend to keep the property long term. 

I am on the opposite side of you on the Mortgage Banker side of things seeing things skyrocket in terms of applications right now with out of state buyers. 

I would speculate and say that about 2000 people will be employed there for the next 2 years for the startup.Paul,  it's the #1 or #2 refinery in the world in terms of size.  

Keep in mind that Fund 2 is the oldest active ODC fund and relatively far along in terms of park stabilization and value-add.  

In terms of getting out of the contract should there be damage, and it can't be negotiated with the seller--Line 439 "Force Majeure" will allow you to terminate the contract just as long as the property is within the designated state of emergency area. 

My highest rent increase in the past year in terms of percentage was over 13%.  

Not just being wealthy in terms of finance, but with time and lea-sure.

Our priorities in terms of market is there needs to be- anticipated economic growth (lots of tech companies are moving into Columbus),- prices need to allow us to buy in all cash (400k or less, ideally up to 300k),- we want the area to be safe (when looking into places like Dayton, OH or Memphis, TN for instance it looks like all our boxes are checked on paper, numbers wise but we realized quickly there are a lot of unsafe areas and we could have the potential for problem tenants)- yearly expenses to be relatively low (i.e. we are avoiding NYC and the tri state area, California, etc. for having extremely high taxes).Is our initial analysis on the right track for Columbus?

Hi Javier, the numbers look fine in terms of the purchase price, rehab, and ARV (depending on what kind of work you are doing).