This model is very appealing to investors because of one class of shares, which means everyone is treated the same, and the cumulative nature of the pref. 

I'm assuming I'm paying myself market rent here for the unit I occupy:The return profile of my investment with the cash-on-cash return modeled as if I bought these fully stabilized for "25% down":And the return profile based off of having only $41K in (which is the overage that I've paid after all of my other costs have been wiped out by the refinance):ConclusionSo that's my first deal in a nutshell! 

The model I've seen seems to be to buy-and-hold and ride the appreciation, although that is much more speculative than I would like.

Although I prefer to align incentives in a percentage model and provide bonuses for 5 star ratings. 

Not sure how their business model will work out long term.

Everything has to be done at arms' length and exclusively for the benefit of the IRA/401kAs to the details of various plan types and services models, there are several options. 

If your Real Estate agent works with investors, they would already have the full list of builders, their models, ballpark pricing and a list of their common concessions.

Appliances were bought as floor models and I sold the old units.

In that kind of model, losing 2-5% of income because of non-payers means everyone else in the system (all the ratepayers, tax payers, etc) must suffer because there's no magic pot of money to suck it up for these people.

Nobody really wants us, till they need us.The reality is without understanding the true power of leverage and having a scalable business model the landlord will run out of hours in the day before they reach their goal of wealth, this only happens with leverage of people's money as well as other people's business and systems.