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Basically. I think of it as a deal a toddler couldn't fuck up.
Depends on your definition vanilla though... Greystar may think of renovating a garden apartment as vanilla while someone else sees that as tricky... eye of the beholder and all that.
A deal where the strategy is straightforward with little to no risks.
Yeah, think of vanilla as 'core'. Literally all you do is go through the motions of the acquisition process and once you buy it you're basically just clipping a coupon. Very low maintenance/non-management-intensive deals.
Not option embedded
Long term STNL is about as vanilla as it gets
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