., etc.) will not increase your opportunities for attractive financing and typically restrict you to the private money market (low LTV, premium rates and higher fees).

The cost of renewals increased by 70-80%, which was insane.

To be honest, I think we may just need to bear the costs and learn from this and do regular unit checks going forward (which was not done by the previous property management company). 

Of course, your numbers for management fees, CAPEX, etc.. will reduce the gross number. but it should still be positive (CAPEX on a new build should be very low).

Also, the cash flow of the paying notes will provide enough cushion to allow me to survive almost any crash.6 - Finally, I have about 10% of my portfolio allocated for investment in high(er) risk property investments - and while there’s no telling how I’ll do on this, in the past I have been able to purchase some volatile assets at very low prices and end up doing pretty well.  

In terms of maintenance cost and liability the PB Court is a no brainer.

The rate sounds low..conventional mortgage primary purchases are in the high 6%'s-low 7%'s..The 5 year PPP is a little heavy as usually declining..5%.4%.3%..can also consider 'buying out' of the PPP usually around 1-1.5% of the loan amount upfront..

You will stand out from the competition and the incremental costs will be recouped quickly in your low vacancy numbers…  good luck

@Mark SvendsenI would have given them to the buyer of the home at no cost.

The rehab costs are anywhere from $60k-$80k.