Great play, becoming a bigger and bigger fan of this considering the cost of old inventory. 

Again Jackson does not play much with the rest of the state so that doesn't mean anything.

It really underscores the need for relationship-driven capital and fair structuring.

With any partnership, substantial economic effect is going to come into play here.

well it only takes one :)  my play there on the penninsula has been scarcity lets see if that plays out on this one.  

I just came in as an LP on a 107-unit senior living community in the south suburbs of IL, and I also volunteer with Hospice patients (spend a fair amount of time in ALFs + nursing homes, which I do NOT like very much but realize they are necessary).

No one wants to see prices pushed lower .Few first time home buyers have the time , experience , or money to play HGTV . 

Even a few sentences would mean a lot.Okay, how do Black Swan events play out? 

AITD is the only way a seller should sell when the existing mortgage stays in play full stop.

Quote from @Ashish Acharya: @Adam Ashley, Great answers so far, and yeah, totally fair question, the Bay Area is one of the hardest places to make traditional BRRRR numbers work.From a tax angle, a lot of investors here pivot their strategy instead of walking away from the market entirely.