A little background - I'm a nurse and have been hoping to find a market that pays decent when compared to the cost of living and also has high prospects for growth.

For example,Late RentInsufficient FundsUtility ReconnectionReissue CheckA/C Clean ViolationPest ControlRenewalMove-Out AdministrationUnlock RequestKey RequestFailure to Return KeyPilot LightingGrilling ViolationGarbage ViolationClogged Drain / Tub / ToiletWindow ScreenHurricane Shutter ViolationSmoking ViolationLease Amendment AmendmentPet ApplicationUnauthorized PetGuest ViolationUnauthorized OccupantInspection (due to tenant violation)Yard RemediationPool RemediationSmart Home Device TamperExterior Maintenance ViolationParking ViolationCommunity Amenity ViolationMarketing (tenant early termination)Notice (due to tenant violation) PreparationNotice DeliveryLien ViolationSubleaseAssociation ViolationEviction (not including attorney’s fees and eviction costs)Rent Verification10.

Especially as of late when rates and prices are high.

The highest return I've seen has come from door knocking.

I want to share an application of this strategy that can help when moving parents into a long-term care facility, particularly in high-value real estate markets like California and Hawaii.Here’s a simplified plan:1.

If you don't want to do that and you want to play hard ball with the developer then come up with a price for them to buy it from you; and make it a good high price.

As we're running out of personal capital to continue acquiring with, we're exploring a structure where we give investors an 11% preferred return that we buy them out of in 7 years.

I’ve read to have your criteria high but not so high you’re sitting on your hands for 3+ months to Find the perfect tenant. 

If I need to undergo a colonoscopy to determine if a lender makes a 30 year loan to people with an 815 FICO at 85% LTV with an in place tenant and monthly income of $1400 with a market value of $125,000, or if you can't tell me any interest rate info until I submit my tax returns to you...

The barrier is the additional complexity - now you are operating two sets of books, and filing two tax returns, and have more operating agreements, more state registrations, etc, need to manage cash better, need to keep in constant mind that your rents need to be a supportable FMV, which may require getting third party certification on your rents so that in the event of an IRS audit, what you have done is supported.In short...the size of the project, and the taxable income, need to be of enough scope to make all the additional costs and annoyances worth it.