So, you have your choices of closed ended or open ended structures. 

Note: This could happen NOT by your choice with a layoff.

Although, I would definitley prefer placing my first property under my belt before then if it's possibleThank you !

It’s structured as a syndication, 60/40 LP/GP split with a 7% preferred return.

So, an area might have been D class 20 years ago and is C class today in terms of what the property condition, crime etc show you BUT if the tenants still stigmatize the area in their mind then mostly D class tenants will be applying there because they have less choices.

Replacing a bathtub with a shower can make narrow bathrooms feel larger and more modern.That said, consider keeping at least one bathtub in the building for market appeal, as families with small children or certain renters may prefer it.

For wholesalers: How are you adapting to buyer preferences or creating irresistible deals despite tighter margins?

Thankfully development has given me an opportunity to have the financial ability to have that choice. 

Personally, I would prefer to use the HELOC approach.

Time is money and I prefer spending my time with my fam and friends instead of problem tenants and legal cases.