@Maria T. as others have said, preferred equity has a place and can be good or bad depending on how your structure your capital stack and your investment/investor's objectives. 

Lots of good information available in these forums.

I feel pretty good about this market as the market data shows it being solid.

I’m curious, how long was it before YOU reached full time real estate status?

Create value for the seller, Our seller, while he still sold for a good price, needed the funds for another project, and needed certainty of close.

At the time when the chemical industry discovered farmers as a huge market all sorts of herbicides and pesticides (the are banned today) were introduced, stored and disposed of basically into the ground: the farmer did not want to have stuff growing between the barn and the farmhouse anyway, so seemed like a good spot to kick that barrel over.

Most people are looking for short-term or long-term.

I own several SFH, duplexes, triplexes, and a quad but I'm in discussion regarding a 13 unit mixed use property that is of interest to me mostly due to location (I own several properties in the area and it's near me and I have a good pulse on the town). 

Good Luck!

Hello all, good day!