As expected Lessons learned?

Amending returns can rectify the mistake on paper, making sure everything's in the right place for both the IRS and any future buyers.

My big fear for Asheville s future is traffic.

This is most often not the case and when they are willing to share they a) expect to pay considerably less per room and b) expect their own bathroom.

Development and managing a site is much different than building. if you aren't experienced I'd find an experienced zoning attorney or land planner or civil engineering firm. 16 units for 3 acres is pretty low density, extremely low density. have you looked at future overlays for the project to see how many units you could get?

If tenants in your area expect blinds and ceiling fans, the PM did the right thing.

Is the business expected to pass out meds for the residents - and are you required to have medical personnel on staff to do so?

Rent, month by month with annual increases based on projectionsThis lets me look at any given year in the future and quickly ascertain the impact of a cash out refinance for multiple houses in the portfolio.

Source @Keep Current Matters.Goldman Sachs : Original Forecast 1.9% / Current Forecast 5.0%Mortgage Bankers Association: Original Forecast 1.1% / Current Forecast 4.1%Zillow: Original Forecast .2% / Current Forecast 3.5%Fannie Mae: Original Forecast 2.8% / Current: 3.2%Home Price Expectations Survey: Original Forecast 2.2% / Current: 2.4%National Association of Realtors: Original Forecast .7% / Current: 1.9%

They can save that money and when they have enough partner with you on a future deal. 2.