In total, the Commission ordered over $9.38 million inrestitution and $405,000 in administrative penalties.In the first case, the Commission ordered James Piccolo of Scottsdale, Craig Cottrell of Tempeand Michael Roberts of Scottsdale and their affiliated companies to pay $5,577,226 in restitution and atotal of $300,000 in administrative penalties for defrauding 105 investors with unregistered deed of trustinvestments.

HOA is a pain in the butt.

IMO, you need to get with your administrator and advisor who knows the big picture.

They will schedule delivery separately from everything else, so we can get those at a discount with our HD order, but get them delivered at the end of the project when we're ready for them.Again, all these things take lots of time to get right, and are a major pain in the butt under you get the processes in place, but if you put in the effort to create these processes, in a year or two or three, you'll be very glad you did.Btw, I'm not trying to brag in these posts about how easy things are for us -- they haven't always been this easy.

I have actually fallen for those myself, I must say it is quit pain full when you realize it's a fake.

What a pain in the rear.

I think gated communities and HOAs are a pain in the tush for rentals.

For future readers here are the cost centers:-Loss To Vacancy-Collection Losses-Loss To Concessions (not these first three are "economic vacancy")-Salaries and Personnel-Insurance-Taxes-Utilities-Management Fees-Administrative-Marketing-Contract Services-Repairs/Maintenance-Capexand here is a breakdown for them backed up by a study referenced several times in this thread:2010 Survey of Operating Income & Expenses In Rental Apartment CommunitiesNote that these expenses are not all items you will incur each cash flow period and thus things like capex are inherently lumpy.

It's not that much, just enough to be a pain in the tail.

They basically have to retool every time they switch colors, and it's a pain in the butt.Also, tan is a safe color that is sure to offend nobody... if someone really wants a wall to be more colorful, they can paint it themselves.