The best streets in that section  are those that feed off of Mount Vernon Place (North or South) and are located west of Sanford Avenue.

I asked how it is going and they were all happy about it, learned a lot etc....Then, one of them started pressuring the other to buy the kitchen cabinets, cause it was a great deal, however, I did not have the exact sizes she was looking for ( I work with smaller inventory since it is a side business)  What I learned was she was waaay over budget.I was like so  you have mentor, you pay money and you are still over budget !!!

Plus his family members were really pressuring him to sell.The first outreach between the Seller and I started in 2012 and I didn’t close until 2014.

This will help determine what areas to focus on.At your price point you’ll see a lot of multi-family properties selling in Columbia Heights/Mount Pleasant between 2-3 units in the $1.0-1.5 million range.

That only added more pressure to their already stressful situation

That will ease some of the current pressure on rents.  

They offered these loans under pressure to put more folks in homes from all sorts of groups one of which was realtors.

A hose in the toilet tank was coming loose due to high pressure and spraying water all over the floor. 

One off TDs newbie borrowers etc can be trouble.Funds have probably stabilized now.. but there were issues of course during the GFC like Rick mentioned..One reason I personally never did a fund is the pressure to put the funds out is pretty intense you bringing money in promising 8 to 12% and then you need to go make the loans so as the operator your cost are higher because of drag on the funds  IE time it takes to bring them in and then close the first deals.

The middle class is under a lot of pressure and B properties may turn C in 10 years.