Sometimes, stepping out of your head and focusing on someone else’s journey can be incredibly grounding.

Establishing relationships with local real estate agents who specialize in investment properties can be incredibly beneficial.

Navigating the zoning requirements, dealing with Maryland Historical Trust limitations on what can and can’t be done to the property, and the financial burden of renovating the property to meet these standards have left us trying to figure out the best strategy so the property doesn’t just sit unused.If we decide to sell, we anticipate pricing it at around $70-$80 per square foot, which is an incredible deal for a property of this nature.We’re reaching out to see if anyone here might know of potential buyers interested in this unique opportunity.

That and the incredibly low cap rate in '22. 

When a vacancy comes up in a good apartment on SFO, operators often have literally hundreds of extremely well qualified applicants at incredible rates.

Incredibly the seller accepted my offer with no counter, and we closed 2 weeks late.The second example occurred about 4 years ago.  

If they were mature and wanted to save costs and financially able, they could use the technique where one states a purchase price to buy the other out, and the other decides based on that price whether he wants to be the buyer or seller.

I think giving somebody 50% equity plus repaying the loan is incredibly steep when I would cover all additional expenses and construction expenses and give them equity in all future acquisitions that they put nothing into plus additional future real estate related business.  

My pleasure Sara,None with Drew.I don't like him that much lolJokes, I'm a fellow property manager and was fortunate enough to meet and speak with him about property management, etc...He created an incredible operation and I look to him for guidance with my own company.Thanks and much success

@Jim Pfeifer built an incredible community and BP/PP can take it to the next level.