The off-market carry regime, plus the fact that there is no requirement for the GP to put any of their own money in, means that the GP is much less aligned with its LPs. 

To also phrase his respond a little differently, why do you need a commercial lender if the seller is carrying the note? 

On the HPD website, class B violations carry $10/ day / violation.

One strategy that has consistently brought me success is seller carry financing and creative deal structuring.

We also provide a welcome basket that gives them items to get through a few days so they don't have to go shopping right when they arrive (2 toilet paper rolls, 1 paper towel roll, small dish soap, small hand soap, 2 dishwasher pods, 2 laundry pods, 3 garbage bags, scrub brush for dishes, a few coffee pods, some sugar packets, etc).

Then it will carry forward in the 1031 as they file your form 8824.

But each month, they would allow tenants to slow pay their rent, and mix that with ******** expenses that carry over month to month, it was always just a net 0 month.

So I will need to carry the HELOC balance for about a year.

This notice stated that a re-inspection would be carried out 12 days from the mailing date and advised contacting the code enforcement officer prior to the inspection date to discuss informal resolution.

Take some equity out and buy 3 more that cash flow they carry all the loans.