Since there is no lease, does anyone foresee legal issues with removal? 

The real estate in Alabama is so cheap and in this college town finding tenants won't be a huge issue. 

Not major renovations, just a lot of refresh.

Hi Justin, seasoning will not be the biggest issue.

The other issue, as it has been stated, is that it becomes financially tricky to take a property out of the portfolio, so you also sacrifice flexibility at a time when you begin to scale and flexibility can be really important. 

The majority of deals our students close on are ones that our team originally vetted and then set to the student through our portal.

Hey Rob, if my client or myself was in a similar situation my advice to myself and my client  would be... if the profit margins are there, you have the capital to make the deal happen, there's news everywhere about rates being cut in the near future, and it doesn't put your family in any major financial stress by you making this deal happen and more importantly your comfortable!

Together, we fixed issues and turned things around.

MFH in Bham is tough, with the majority of the properties being in C/D areas of town.

The issue is there are too many of these “gurus” on social media that are preaching S8 to everyone and how great it is.