It would be helpful to hear from LPs on what they view as an ideal level of communication and reporting from a sponsor.Another common takeaway is that many LPs are unclear on how investments are structured from a distribution perspective, including how and why distributions are made over the life of a deal.

Appreciate any perspectives. 

It does not rescue weak ones.If this were my decision:• I would not refinance into a guaranteed loss• I would either operationally improve cash flow or exit clean and redeploy• I would not sink fresh capital just to feel better about holdingThere’s no failure here, only a decision about how disciplined you want to be going forward.

Bought my first duplex in May 2024 (out of state) and have been self-managing and learning as I go. I’m now looking to buy another property.
I already have an agent I like who’s sending me possible deals - but as y...

Same criteria, same tool, every applicant.Data freshness and completenessA “recent” report could be two weeks old or two months old, and you have no control over what was included or excluded.

@Max PfeiferI must say that the best things to spend your money on are kitchens, bathrooms, new floors, fresh paint, updated lighting, making the outside look nice and fixing anything that is broken.

@Alana Reynolds I would say take advantage of STR tax benefit as it is already October and then convert to LTR fresh next year and document your narrative why you changed for audit defense.This post does not create a CPA-client relationship.

Love the idea of produce and fresh eggs.

Rent-ready does not mean freshly painted with shiny finishes.

What I See Successful Investors Do in the First Week of the Year (Before Looking at Any Deals)The first work week of the year has a certain energy to it.New goals, fresh motivation, and that urge to “do something big.”But the investors I see make the most progress year after year don’t start by chasing deals.They start by getting clear.Before they analyze a single property, they take a short pause to answer a few simple questions:What actually worked last year?