The 20% is because he is an affiliate and trying to make a buck.  

Flip this deal fast, get out, make a few bucks and move on!!

Let's not forget too, the your bunches of entities are also under capitalized, that held three properties and sold them off is all that was ever in the capital accounts, besides a few bucks for transactional expenses most likely.

That's like  complaining about a bank cashier putting $1,000 in your new checking account when you open it with just twenty bucks. 

What in y'alls experience in upgrades gives the most bang for your buck in resale value?  

As I said I would love to simply add on the costs to the tenant but the reality is if there’s half a dozen other apartments on the same block offering the same bedrooms and similar quality for 50 bucks less a month than you can guess who’s going to have a vacancy ?

They wanted the cash and were willing to pay a few bucks to have money at close.

With the warranty, you should keep a few hundred bucks a month.

It's the new easy buck-no money-no experience-no knowledge required craze here, probably more than every where else.

The issue is the note being accelerated to maturity at the option of the lender.