If the club has even one passive member, it may be issuing securities.

If the latter, will SBA have issues with us adding another loan or LOC to the project?

I have several clients that have 10+ units operating as STR's in Atlanta with no issues.

I have seen "noob's" have issues with, say, a 5br home and trying to get that payment standard from a 3br voucher holder.

@Lisa Paolella everything exactly as planned so far on the multi family value add.

I'm hearing more about AP on takeovers that the new ownership did not seem to have knowledge of, and high AP at existing properties that have cash flow issues.   

Investment Info:Small multi-family (2-4 units) commercial investment investment in Queen Creek.

Personally, I don't have any issue investing or managing over there.

iI LOVE CHICAGO because of the variable price points, endless number of multi-family properties, and the fact that many of these multi-family buildings need renovations, so we can force appreciation.

i really think it's that simple.and, for me personally, if i have long term tenants that have consistently paid on time and had no issues for several years, i will usually get them a gift card or something at year 3 or 5.there is no consensus on BP on this.