After analyzing the local Mercer County market I've noticed there are not that many MFH that are desirable meaning cash flow can occur, but appreciation, schools and good tenants will be at risk. Granted MFH are more ...

Refrigerator temperature too high, must be no higher than 38 degreesSounds like you could have issues with #6 and #7 so I'd suggest fixing those before the inspection otherwise you might have to wait for a second inspection before you can pass and start getting paid. 

At this point when I start podcast if it’s not David Greene talking I stop and find another real estate podcast.   

Kind of out in the middle of nowhere, but my son just started college at Tarelton and we live in CA, so its on my radar now...university has plans for big growth in the next 5-10 years. 

I've been hearing about this and understand it's popular in other countries and only starting in the USA.  

I would like to start a conversation about buying lots inside HOAs so I can learn from your experience.

Second GC undid all the work and started from scratch.

Google "skip tracing" and hire a virtual assistant or call center to start dialing any property that last transacted for under a certain price point.

One year also helps you maintain a schedule for inspections, rent increases, preventative maintenance, etc.If your lease doesn't have an early termination penalty, then the only thing you can do is start marketing and find a replacement tenant.

Most often the terms specify that distributions are first paid to satisfy the preferred return and second they are paid to return capital, so the capital account would look like this:$100,000 starting balance$8,000 preferred return accrual($8,000) preferred return distribution$100,000 ending balanceIn year two, there is another $8,000 due, etc.But partnership agreements can be written however the parties agree, so the rules could be different and that would result in entirely different calculations and results.