It's odd but often people will pay the second even if they default on the first.

And with family you will have multiple reasons to visit the market, maybe more often.

It is more economical to do it all at once.Winterizing often leaves you with some cracked fittings or faucets in the basement, which are easy to replace, but the main goal is to preserve the water heater, toilets and the in wall plumbing from frost damage.

In doing so, the “1% rule” often doesn’t seem to work.

Very often, they own the property free and clear.

This is often a way to either reclaim a property multiple times or get paid for a lemon. 35% I think is way too much premium.

Often owners of 8-20 units will be mom and pop investors, or other professional investors. 

Often, you have to piece together an assemblage of small tracts.

These are also conservative projections (if they're not conservative, I'd say to avoid investing with that Sponsor), with good Sponsors often exceeding them.

Todd, as a RE agent I should not provide an opinion on the area, however I often use the “Crime and Place” app when a Buyer asks about an area’s personal and/or property crime statistics.