They are measuring their IRR and EM goals and deploying capital to operators where they can achieve true risk adjusted returns without being hands on and spending their time elsewhere to make money.

Even if that is how it started, you may find it is wiser to use a property securities set up so you can adjust in the future.

But it can also be more management intensive and/or run afoul of Denver housing laws if you have terrible neighbors.

When he returned, the furnace had sent water through pipes to third floor radiator which flooded third, second and first floors.Plumbers insurance company and adjusters are offering $1,500 where we think repairs will run approx. $7,000.

It looks like I'm going to have to make the next meetup even if it means taking a day off or adjusting my schedule somehow.

Learn, adjust, and do it again.

I'm far from an expert on development... but here is my 2 cents, for what it's worth.Development is expensive, risky, capital intensive and takes a long time. 

When we got started, I followed the Dave Ramsey system of getting "gazelle intense" to save up, and to pay down debt. 

every person who actually understands good business practice understands that is ridiculous. it is called risk-adjusted reward.

What minimum requirements do you have about purchasing property that you are willing to adjust in today’s market?