When you say pre-reqs, do you mean in terms of qualifying for a loan?

Hi Michael, You could structure the loan on shorter term so you end up paying less interest over the life of the loan.  

For example, if the police came out and cited them for excessive noise at night, I would issue a lease violation warning and cite the lease term about not disturbing neighbors.

It takes a lot of time and effort. 

very little will cash flow right now on a traditional long term basis. 

I don't use term investment anymore sinceI would consider it as business.25% IRR is my threshold.

Is it worth the effort to build another 12 units on the same property in this market?  

I manage Short and long term rentals.

This debt type would throw economic projections for economists and increase the risk of lending for lenders.Phantom Debt is created when a consumer chooses the Buy Now Pay Later (payment plan) option when making online purchases.These types of payments are not currently reported to any credit agencies as debt which is why they have been given the term "phantom."

Then what timeframe is the most vital to you, short term/mid term/long term?