It is the people who live next door or the association governing the neighborhood.

If I add heat pumps, the government covers 25% of the cost. 

They are no government backed. 

The thing I find the most volatile and unpredictable is government actions (from either side) and their level of magnitude.

Now if only the government would get their head out of their A$$, we rest easy knowing 2026 is going to go gangbusters!  

However, it’s important to remember that the bonus depreciation from cost segregation isn’t “free money” from the government.

The government closure.  

Three main reasons;1) Existing oversupply of multi-family2) No signs of demand increase (net migration into Philly)3) Local government continuing to squeeze property ownersI really hope I'm wrong.

Because that risk is so high, and these syndications are not filing financial reports with the SEC, the government will only allow accredited investors to invest in them. ie, individuals the government believes are either sophisticated enough to understand the risk, or have the fiancial capability of losing the entirety of their investment.What's happening to ODC is happening to numerous syndicators in this space the last 2 years.

.📅 What’s Coming Up This WeekWednesday: ADP private jobs dataOngoing: Government job and inflation reports still delayed from the shutdownThe ADP report will be a big one — if hiring slows again, there’s a good shot we’ll see another rate cut at the December meeting.Catch you next week,