Challenges?

You need to do homework on this approach.   

I’m always open to connecting with aligned partners—“financial friends” who value creative approaches.

It’s definitely a balancing act — owners want to protect their investment, but holding too tightly to outdated assumptions (like 2021 rent levels or tenant demand) can end up costing more in the long run.I’ve found the best approach is setting clear expectations upfront with a manager: define thresholds where the manager can act without approval (like minor repairs or small rent adjustments) and bigger decisions that require owner sign-off.

The challenge IMO will be the operations and liabilities.Looking to the future i think senior assisted living will be a thing.

Business credit is a tool many successful investors use—it’s not a gimmick, and it’s certainly not ‘guru’ nonsense.I haven’t attacked anyone’s credibility, but I have challenged misinformation.

Verifying last 2-years of rental history and income/employment extremely important to find the “best of the worst”.Tenant Default: 20-30% probability of eviction or early lease termination.Section 8: Class D rents meet program requirements, often challenges to pass Section 8 inspection.Vacancies: 20%+, depending on market conditions and tenant screening.Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciation.Where did we get our FICO credit score information from?

Our longest tenant is 24 years and we have many tenants approaching 10 years now.   

Love the emphasis on transparency—what’s your biggest challenge right now in tenant retention or rehab turnarounds?

Challenges?