Opportunities for operational value-adds are often caused by shifts in the property’s surrounding business climate, an owner that does not have adequate commercial real estate investment sophistication, or an owner that simply does not have the capital necessary to keep up with maintenance and marketing.An example of this was our investment in Village Park at Palatine, a 1977 vintage, 448-unit apartment community in a high-quality suburb of Chicago.

He might have a DTI issue, or he might have a faux-DTI issue caused by someone not being REI friendly.

The Airbnb crowd likes a different experience, and a vintage camper or something like that would be a great fit.The problem with having the RV move around to different populated areas would be location - where would you put it?

I will need to try to use a sellers "savings" as faux payments sometime.

Usually wearing gaudy jewelry.

Like I mentioned pricing over the last 12 months and even prior going back several years has been relatively the same with some upward pressure.Newer defaults in NY are trading in the mid 50%'s and older vintage which carries risk of collection limitations trades in the 40%'s depending.  

@Austin Faux Thanks for the input.

A lot of what newbie note investors are buying are still these 2005-2008 vintage loans that were high LTV, high DTI and low credit.  

Realtors/agents/lawyers can all be there too, but this seems like such a faux pas.Am I wrong?

That is because if the property just barely keeps up with inflation, you need to sit there crossing your fingers that CapEx costs dont eat your hard earned cash faux 5 or 10 years from now.Here is another way to look at it.