To boost energy efficiency efforts within the units regardless of who’s paying the bill, some programs will incentivize “in-unit” upgrades almost 100% in order to address in-unit consumption as well as total building consumption.It would be great if owners and investors could see past the low hanging fruit; low-flow aerators, and CFLs and see the additional benefits of “greening” their buildings on a larger scale.

For me personally I have seen alot of syndications with very long interest only periods which helps on cash on cash return but personally perceive to be an unnecessary risk to boost cash on cash return while lowering internal rate of return because of principal paydown.

When using leverage you still have a resident paying off your debt over time while prices and rents continue to grow and there's a very high probability you'll be able to refinance in the next 2-3 years boosting your cash flow.

Quote from @Carlos Ptriawan: Quote from @JD Martin: Quote from @Mike Dymski: Quote from @Scott Trench: The driver of the economy of this country is more aggressive than any racing driver, they're always do something in extreme ways.That could not be any more well said.90% of people were working but we completely changed unemployment, threw away job search requirements, paid more on average than wages lost, and double paid people.The eviction moron-atorium went on for years when full housing assistance was available.Stimulus checks were issued when unemployment was falling dramatically and the economy was raging. 

Find more ways to boost your savings even further.

The eviction rules vary dramatically from county to county in New York.

He's a pretty smart guy, and if I can point him in the right direction, I know we'll have another convert (lol).I live in Washington DC, so I know the market is dramatically different, and I'd like to give him local advice. 

Don't think I'm being over dramatic.

We will certainly keep going down the list but we were trying to think of other financing routes to explore while we wait for banks to get back to us, and also thinking that boosting our equity position with some additional private funding would also make the loan scenario more favorable to the bank underwriters.

The goal is to drastically reduce your living expenses for a year, boost your savings rate, build some equity, and learn how to be a landlord while living in the same property as your tenants.