For those interested, here is the performance over the last few years: http://performance.morningstar.com/fund/performanc...Bank loans are a great investment, especially in an uprate environment but they are not cash. 

Utilizing the power of leverage (lots of attractive financing in the current environment) while still keeping a reserve and identifying some up-front uses of the capital to improve a property are good considerations. 

Her lease states that after the first 30 days, she was responsible for dealing with pests (although I think that MO law requires the landlord to keep the building "habitable" http://www.ncsl.org/research/environment-and-natur... ). 

It's through the College of Built Environments.

@Julio Cesar Lopez great to see that you are still working in this Covid environment. 

He talked about how in our current environment it's not easy to just go out and find great deals.

I'm seeing people lose their shirts in this current environment, as they can no longer make their variable rate loan payments.

This seems like a key mitigating strategy for today's higher rate environment and also makes you see and be prepared for the lower prices and better value that seems to be coming into today's (and next year's) market with the new properties coming out for sale.

We're in a rising rate environment right now. 

Hope to feel out the current tenants who seem alright so far (fingers-crossed) and slowly make improvements until tenancies end in a pandemic-free environment so I can upgrade the units with a cosmetic overhaul and then bring in the refi appraiser.