What constitutes a "crappy" area?

This response neither constitutes legal or tax advice nor establishes an attorney-client relationship.

I've seen straight %% split, preferred return with waterfall, preferred return without a waterfall, return of capital, return on capital, and every other mix and match.Every deal has an operating agreement that should spell out all the ways the money is distributed, what constitutes return on capital vs return off capital, splits between sponsors and investors, etc.

The brokers I know have their situations handled, and I think there are a lot of opinions out there as to what constitutes "brokering" as opposed to "facilitating" or whatever you want to call it.

rather, the new law was included as part of the definition of what constitutes activities that fall under the purview of a broker. 

That said, the declaration of pandemic standing alone—without a reference to pandemics in a force majeure clause—will not automatically constitute a force majeure given the courts’ focus on whether the event is specified within the contractual language.

It really depends on what you're putting up, people from this small SoCal town called "Joshua Tree," which I'd never even heard of before being in the mortgage biz, call me from time to time thinking that what's basically no more than three trailers on vacant land constitutes a "triplex."

Craig's List has listings for properties where the landlord can't rent the property...also not a good place for rental comps.Rentometer is a very good place, but you need to learn how to filter in/out what constitutes a comp.Analysis is based on numbers with $$$ in front.

What all constitutes furnished?

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