But you're unlikely to see it for 3-4 years because accrued pref usually sucks up the cash in the early period as income is increased from renovations or churning the rent roll.On the topic of making a living, it is in everyone's interest that the sponsor be compensated and keeps the lights on. 

Account Closed is a securities attorney and can hopefully shed some light on your case. 

So in this light - find one's balance in how comfortable you are with your investments, but stop letting fear/greed of the future spread by pundits continue to stop you from doing something you want to do. 

All new flooring, New water heaters, sheetrock, plumbing, new bathrooms, cabinetry, lighting.....EVERYTHING!

All new flooring, New water heaters, sheetrock, new bathrooms, cabinetry, lighting.....EVERYTHING!

Structure - Bham's landscape is not flat.

Some other places have Christmas lights on the deck that have been up for 5 years. 

I've seen his work before and he gave me a reasonable bid to do an entire house rehab of mostly paint, flooring and light fixtures.

If you're looking at 3bed/2bath single-family homes, AirDnA is not capable of comparing countertops, the view out the living room window, quality of landscaping, and a hundred other factors.

Beautiful natural light though!