Okay, I've gotten an application from another family. I don't have their financials yet (for some reason, though she emailed to application to me, she snail-mailed the other docs!?!?). I also haven't run credit chec...

HI @Joel Owens are you familiar with converting an apartment complex to 55+ living (independent living not assisted) and the general requirements or challenges?

Its been more challenging of course but we love a challenge!

It is from having it established correctly and operating correctly so if there is a legal challenge in the future the LLC passes the test.If you think you have assets as risk and want an LLC then handling it wrong is not really much better.

OH and by the way, the police told me Sec. 8 was telling people to Spray Paint the units with a Flourescent pink or yellow circle with a dot or something unique, then notify the scrap yards and police of your mark in case they get stolen and to tell the scrap yards not to take any condensors with flourescent paint and to identify the people bringing them in.

Beachbum knows his business so I an on thin ice with this 'challenge'.

Two deals that have the same numbers might not be the same if one is easy to resell and the other is rather unique with few possible buyers.John Corey

Hence borrowing money is a challenge when your credit file shows very little activity and a short history.

Other incentives, unique marketing or promos are all factors.If the investor is not that motivated then they are less likely to be concerned about getting their price in the new term.

She is unique.