That is a 0.033% success rate.

Investment Strategy:Buy and HoldInvesting herebecause: Potential to Appreciate in Long Term (10yrs+), want to build NetWorth, Affordable in my budgetYear 1 Evaluation: Gross Monthly Rental Income = $2,042.50 Monthly Cashflow = -$76.05 GRM = 12.79 Cap Rate = 5.12% CoC ROI = -1.11%Hoping that theinterest rates go down so that the monthly cashflow becomes +ve.

For long term I have less to manage but at the nightly rate and high occupancy the numbers sound way better.

I cannot speak for Cleveland, Columbus or Kansas City as I do not know the rental rates in those markets.

I check the SEC, FINRA, ratings websites for inside information on the principals in the company.

Whilst legally this should trigger the sale purchase clause and put you in breach of contract, both of them admitted that the transfer is a common occurrence and not a big deal.

the Mgt LLC becomes the landlord, and the Title holding entity is basically fallow (except annual funds transfers since the Mgt LLC has to payout to its client sometime for a legality I think).LLC's have employees. 

Hey Ralph,Typically if you sell a property or any asset for a gain within 12 months, you pay capital gains tax at your tax rate. 

If you are at a net positive with that low rate it could be worth keeping.

Increased interest rates over the last 2 years and increasing cap rates have put downward pressure on multifamily values.