They understand fully what is expected and they don't test the boundaries like a teen does since they know the boundary will definitely be enforced and no excuses accepted.If that is not understood or acceptable I tell them this property is probably not their best choice because this is what happens.  

Yup, agree with the above, market is 8%-ish pref with starting hurdles in the 70/30 range and ending hurdles in the 50/50 range over a mid to high teens return.  

A few weeks ago there was an Arctic blast coming through our area, lows in the teens expected. 

I would say 80% of the crowd of of supporters there was somewhere in their late teens through mid 20's.   

Most syndicators right now are targeting mid to high teens IRRs.

@Deshaun Dumas, I like to see at least ~$150/unit/month and a CoC ROI in the mid teens or better.

We look to achieve high teens.

Even with average vacancy in the mid- high teens city wide I’m well below 2% for the last decade.

With him were two very attractive young ladies, still in their teens (maybe younger).

Many investor achieve IRRs in the mid teens investing passively with others; so, active real estate returns should be much higher.Total REI returns include monthly cash flow, appreciation, principal reduction, and tax benefits.