This is due to many factors - the amount of fraud being uncovered along with very high default rates from DSCR loans from 2022 and 2023. 

They don’t usually foreclose like mezz— they take over control rights if things go sideways.Ideal for:Ground-up or heavy value-add where cash flow is lumpyDeals where senior lenders cap leverageSponsors who need flexibility on timing of returnsThe real deciding factor: cash-flow timing vs. controlIf you can make regular payments but don’t want to dilute ownership → MezzanineIf you can’t guarantee near-term cash flow but need capital to close the gap → Preferred EquityIf your senior lender forbids mezzanine (which happens often) → Preferred Equity is the workaroundOne more nuance most posts miss:Preferred equity comes in two flavors:Soft Pref – economic preference, no takeover rightsHard Pref – essentially mezzanine equity with control triggersUnderstanding which version you have matters just as much as the return.Both tools are powerful, if you pick the wrong one for the wrong project, it can wreck your risk profile.

If you have cash reserves and stable income, it is time to take a good hard look at the market again.Contributing factors:1.

Market tenants are complete losers after factor in the turnover costs when stop paying, etc.

Hi @Ramsey Doumani,Like @Marc Winter mentioned above, I wouldn't necessarily be concerned about the occupancy rate, as this can be influenced by other factors.

It could be because they lost a key individual, could be there too busy, or just other factors involved.

We became quick friends, and after observing the way he worked over the next12 months I was able to lift myself from “mediocre” to top producer increasing my income by a factor of 20 times!

The way I see it, location is the most important factor for dogs, though.

Either for reimbursement if after the fact, or to force participation if prior.

I’ve been hearing a lot about turnkey properties — homes that are already renovated, tenant-occupied, and ready to cash flow from day one.On paper, they sound like a stress-free way to get started (especially if you’re not local), but I’ve also read mixed opinions about whether they really perform as advertised once you factor in management fees, maintenance, and long-term expenses.For those who’ve bought turnkey rentals:Did the numbers hold up after your first year or two?