1 of my mistakes was not financing the renovations, rehab, deferred maintenance on my first batch of acquisitions.Partner up with someone and finance the property with budget to overhaul the propertyYou will save yourself from sleepless nights and it will speed up the rehab cycle Turn and burnGood luck @Frano Buhovac

It's just the natural cycle.

Once you have a competent team with a couple builds and cycle times completed it should start to streamline.

I say this having invested and gone through the cycle of buy rent and sell a number of properties.

I just worry that 29 Palms was late to the party and starting their development push at the top of the current debt cycle will come back to bite them.

I'm using it for online rent collection, managing vendors, organizing my documentation and monitoring rental cycles.

However, I definitely believe apartments are closer to the top than the bottom of the market cycle, and as such I am not projecting significant future appreciation in our underwriting calculations.We are also only looking at buildings with value add opportunities to force appreciation and ensure we have some headspace to protect ourselves in the event of a market correction.

I sense pricing is high as well, and that we have reached the top of the business cycle with respect to multi-family.There was a run up in pricing after the last crash. 

Going forward, I'm going to continue to build my reserves, buy a similar property, and continue this cycle until I'm wealthy and retired in Belize.

It’s normal for there to be occasional rain, just part of the business cycle.