Upfront Costs of Syndicating Multifamily??

[Nick Love]

Good Morning! 

Control your morning and you control the day! I would just like to start a discussion on what the upfront costs are in investing in multifamily real estate. I am a knowledgable investor but not experienced so I understand I do not know every single cost that will be associated. 

Are there any costs that experienced investors know about that would be good to share?

I understand the earnest money for acquiring properties, the cost of creating proper SEC documentation for syndication guidelines, what else?

-Nick