Some Mexican dudes were trying to sell this from one group to another I knew of one group that dropped over 1.5 million that was just stolen from them. 

@Noel Pregot You can't count on the fact that prices will drop if interest rates rise. 

It's our belief that one of the larger risk factors is if a REIT or regional player drops a 70k-200k sqft facility down the street.

Here’s the risk involved with that:If the market drops when you want to pull the money then you either accept the loss or are limited to using your own saved capital instead.The money is slightly less accessible. 

Just make sure the destination is more 'year round' so you don't have to drop the rates so low to get the occupancy numbers you're looking for.

WE all know its tough to put a pin point on what is good for one and bad for another.Definitely congrats on what you have done so far

Strong market, lots of competition, off-season drop off is serious. 

Some lenders balk at $5k deducatable and I had to drop to $2.5k.  

Even with the mass exodus, rents are not dropping as one would think.

Your minimum PPC budget will drop 2,147,483,647 times (from $300 to $0).