And that model ( the re-performers seems to be soup de jour these days )also owner occ notes as compared to non owner occ commercial.  

One of my teammates has a de facto partner (US citizen) who lives in Cleveland and is keen to come onboard.

This amounts to the buyer getting a de facto option to purchase the property.  

@Paul De Luca out of curiosity do you charge an application fee?

If you want to get truly hands off and still defer tax, check out Delaware Statutory Trusts (DSTs) as an option.

My name is Tyrone and I'm a Delaware investor.

These two markets are very interesting to me becuase of this cycle. 2011 is 1996 and the demographics of 01/01/2014 of the north side of Atlanta will look much like the demographics of orange county, CA of 01/01/1999.The north side of Atlanta is the new Orange County.Irvine - Johns CreekAlpharetta - TustinMilton - Coto de CazaSuwanee - Foot Hill RanchIn 1990, Irvine ethnic demographics looked like this:white 68.8%, black 1.8%, Asian, 22.1%, hispanic 6.8% - 1990white 61.1% black 1.4% Asian 29.8%, hispanic 7.4% - 2000In 2010, Johns Creek's ethnic demographics looks like this:white 63.45% black 8.8% Asian 23.36%, hispanic: 5%In 2013, 30% of Johns Creek is now made up of Asian householdsJohns Creek's Asian population grew from 13% to 23% within 3 years period of time.All of Johns Creek High Schools are among the best of Georgia:Northview, JC High, and ChattahoocheeAll of Irvine High Schools are among the best of California:Uni high, Northwood, Woodbridge, and Irvine High

Other landlords have followed suite and it has now become a de facto check list item for students when looking for a rental.In our non-student properties, whenever we affect a major renovation, we wire the unit/building back to a demarcation point in the mechanical room which makes it relatively easy to provide building wide Internet (giving each unit their own private network).

@Gary CullissI have one also and they are acting on behalf of one of the Delaware statutory trusts.

Bankruptcy AnnouncementPeer Street, Inc. and its affiliated companies (“PeerStreet”) filed for protection under chapter 11 of the United States Bankruptcy Code in the United States Bankruptcy Court for the District of Delaware on Monday, June 26, 2023.Please see Press Release.In light of PeerStreet's recent Chapter 11 bankruptcy filing, all transactions have been paused.