For this reason, it would be prudent to not overleverage yourself in this type of environment in order to wait and see where rates do end up falling, as there is consensus in the market we are moving into a falling rate environment, the exact timing of when rates will be falling is unknown and different scenario analysis should be added to underwriting refinance periods to be sure the project is sustainable if inflation resurges and a refinance is delayed.

This is why people are getting pissed with cold callers and your seeing very poor response/appointment/sales rates with PS data.This is what Joel Bongco has stated alsoIts absolutely true and I can go further and quantify exactly how bad the data is using my own study comparing PS to county records.I compared PS preforeclosure leads to county records across 167 counties in Texas (67), Florida (50) and California (45) by running searches for both PS ad the County recorders datbase for the period 08/01/2024 - -09/30/2024 and found thatFor TX which i measure preforeclosure leads as all lis pendens, appoinment of substititute trustee (Not a NoD but used for a similar indication) and notice of trustee filings.

@Jeff Nash, noted the two year period. 

Turning over some kind of commercial property is more labor intensive but it also scales quickly because of potential returns.

In 2024, the city instituted a CAP and for a period, now only active STR permits can transfer to a new owner.

You can protect yourself with a short contract period.

Say they sold the properties over 3 year period and could not sell the rentals together as a portfolio.Could they put the money from each sale into a DST then use the total to buy a expensive rental property?

The main issues a lot of investors/PM's run into is the inspection period since Section 8 inspections are no walk in the park.

We are planning to hold it for 5 years and bought a rate cap to cover the entire hold period. 

You should be able to pay off the loan anytime during that period, without any sort of penalty.