biggest issues are -raising hoa fees-poorly run hoa-too many rental units in complex making it harder to sell with conventional financing.

Hi @Steve Veen - when you say value play, does that mean increasing the value of the investment by your actions, like running it more efficiently, raising rents, etc?  

Small projects don't make enough money to fund hiring a team. 3) Unless you learn how to raise capital, you enter an orbit that you can't escape.

I was born and raised in the QCA, but currently live in St.

I was born and raised here in Seattle, but most of my family is on Oahu.

@Joe GoreBut if there's a contract and the contractor only did the large items and the owner is left with lots of turnkey things, then it's the home owner that's getting stiffed, not the GC.It seems to me as if the HUD consultant may have been schmoozed by the GC and overlooked that there may be little things left.If this was me, I would first contact the HUD consultant and discuss this with them, as they wouldn't want to have a bad report on them to HUD, possibly insinuating that they're looking out for the GC, instead of the mortgage company (who they're doing the job for).If that doesn't work, I would then raise hell with the mortgage company, because they will have a mortgage on a property that is not finished, so it's in their own interest to not pay and possibly penalize the GC for not finishing the job.

I do plan to raise the rents by $50 anyways.

Welcome to BP @Nick Lee Rubbing elbows with big money REIT people might be a great place to be especialy if your looking to raise money for commercial deals.

This means I was raised learning about real estate, seeing a lot of different properties, and I eventually became a residential real estate appraiser in the Colorado Springs area.I was an appraiser in Colorado Springs from 2003 to 2007.

But you have to make your case to the board to convince them or find out if they agree about needing a new PM.Keep in mind that the new PM might charge more than your old one did, and dues might ultimately need to be raised in order to address your debt issue and/or possible higher cost of a new PM that charges market rate.