Most profits are going directly back into the business still, so even though it makes good money, I can’t support my family on this stream.2.

I went back and pulled old permits and other supporting materials and ended up getting a "non-enforeceable, non-confirming" letter sating it could stay the way it was. 

Be polite, stick to the facts and if the comps you pulled support your numbers, they will need to counter with comps that support their numbers.

Let’s say everything went well, you leave with a healthy amount of capital for your next deal, and then what happens with the existing property that now has little equity?

Nobody forced me to book this trip and not buy travel insurance, yet at the same time I didn’t force the host or the platform to invest themselves heavily in the travel industry without preparing for an event like this that effects travel either, or to not have adequate reserves in order to be able to provide good customer service and do the right thing in a situation where public health is an issue.

Do you believe that there are enough people migrating into Philadelphia to support the large increase in rental housing that is coming?

A lot of California investors look here in Phoenix - it's a short commute, we have a healthy market with lots of job growth, and appreciation has been reliable.

If your investments can't support the price of someone else doing the work then they may not have been the best choices for passive investments.If you are just starting out and are trying to maximize the cash flow to get established then I can understand that.Apartment complexes have a higher turnover.

They are very supportive of this bill and I could see it being voted on tomorrow or Friday possibly.

I think he was being dramatic.  40% taxes would drive away all investors and would certainly not have political support.