Hi Jim, I'm retaining all existing stock and everything under construction.

.- Retaining existing residents- Filling up vacant units, being aggressive on marketing, concessions, and rents, if needed.

Are you looking to retain the notes as an investment, or are you looking to sell them?

For upscale properties with 3 bedrooms and 2 bathrooms, we are observing: - An average occupancy of 65%, with seasonal peaks between January and April - Average annualized daily rates of about $450 per night, similar to last year - Consequently, the top performers are generating around $110K in gross annual revenue - Average listing price of for-sale properties: $800K - Rough Rent-to-Price Ratio (RTP): 14%, which is good but not great.

I'd say your selling yourself short if you're spending more than an hour or two with a new client and NOT charging an upfront "Retainer Fee".

The best way to retain tenants is to buy property where people actually want to live.

Does your PM firm retain any part of that fee, or does it all pass on to the owner?

And any buyer who thinks fraud or forgery or many other common sources of title claims will be apparent from a title report OR that a loan policy will protect them down the line in the event of a title defect, this is not a client most title companies want to retain. 

Set a purchase price to buy within 3 years Owner retains title and ownership and pays taxesI pay lease, insurance, and all other expensesI rent out the space during the three yearsOwner adds my lease payment (or percentage) toward purchaseI am wanting to present this plan to her and her son soon if they are open to a residual income for a while and if it presents as a win-win. 

That’s a sharp observation and a good topic to bring up, Andy.