I own this mess, what do you recommend I do with it?

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[Geordy Rostad]

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Looks like you already did RUBS? And it's still not profitable?

Should we assume the rents are totally maxed for the area and everyone is on a 1 year lease already?

Do you have coin op laundry?

Are there storage units? You could start charging $25/mo to use them or something like that.

12% management seems a little steep, especially when you are losing money on it. Have you shopped that around?

You aren't actually spending capex and repairs every month, right? Assuming you are just saving it like you're supposed to?

Looking at that cap rate, it looks a bit dismal. How did you end up in that deal? Please share, this could be a valuable cautionary tale for the BP forum.