If she failed, you are allowed to charge her for the unpaid rent and the late fee.This is very common for renters, particularly with prorated rent on their final month.

However, taking out capital anytime is not common.

There seems to be a common theme in any industry where experience is required but no one wants to give you a shot to get that initial experience.

As has been stated by others, there is no common definition of a turnkey property, and it can be very risky (and expensive) to make any assumptions.The ongoing management of the property is another area of vastly different approaches to turnkey investments. 

this would get you to 24-32 tenants.My thought would be to have each room with it's own bathroom, hire a cleaning service for common areas, and building out a shared deck for the four buildings and maybe a smaller building as a common area as well.Any flaws to this idea, assuming numbers work out?

Hi all,Been looking at typical syndication structures and have seen a common one is to offer an 8% preferred return and then 70/30 the cash flow above that between GP/LP's.My question is, what is the 8% preferred return based off of?

The most common structures would either be to finance a % of ARV or to finance a % of the purchase price and then separately finance rehab costs.

That is a common misconception.

one more thing to consider is that 3,000 sf spaces are commonly referred to as “tweener” spaces, as the pool of tenants to backfill them is usually smaller than the 1500sf tenant.

At the moment I'm working on a new-built project (a largish urban apartment building) that has small units but devotes significant valuable space to indoor and outdoor common areas.