The appraiser determined the property had functional obsolesce, making it something that not many lenders would want to finance.

Examples include:Running emergency notification systems or call treesVerifying contact information for staff and residentsConfirming backup power and life-safety systems function properlySimulationsSimulations bring people together to practice responding to realistic scenarios, such as hurricanes, fires, tornadoes, or prolonged power outages.

What stands out to low income tenants is the functionality of the unit. 

I'd functionally be doing a buy and hold deal with the property being used as a mid-term investment, so rent receipts would be decent (cash positive).

I appreciate good software and automation and chose to use this for the price point and functionality and the great support.

I would consider adding one as a design element, but from a functional perspective I don't see the value, unless perhaps you lean more towards longer stays or mid term rentals. 

You’re right , functionally, there’s a lot of overlap with what many firms call an Acquisitions Manager or in-house buyer.Where I see the distinction isn’t the tasks, it’s the structure and incentives.

@Andrew C. 1) If she meets the qualifications for REPS, the rental losses will be nonpassive and can offset any type of income.2) The functionality of Series LLCs differs from state to state, since some states do not recognize the Series LLC structure.

From what I recall, there was also a “like” or “save” function that showed when a recipient marked the listing as a favorite.

A judgment based on uncovered conduct, by contrast, is often uncollectible and functionally just a piece of paper.