We had only worked together via phone and email for this deal.After all prorations at closing, I was only responsible to bring 6% to the table.

Quote from @Nadia Jones: Also posted in Getting Started Forum, but figured multifamily category may also generate some responses...so posting here as well. 

This is why the GC should be responsible for ordering, accepting delivery on and installing every single piece of product on the jobsite including the nails and screws.

************************************************************My Response:@Luis Ramos: First, I want to thank you for taking the time to engage the post here.Now referring to Your Comment:"then deed back the property to seller and using a title company perform an executory contract.

Thats their responsibility .

Dan, I appreciate the thoughtful response, many things to consider and certainly a lot of great information.For the expenses, yes at 33% I would agree it is a little thin.You bring up some great points as it relates to opportunity cost and the payback period with a large down payment.

The problem (as you have cited) is trying to understand what you need (you don't know what you don't know), where to get it, qualifying its source(s), and the validity and usefulness of all that.Pardon me if I've gone into this too much, but I meet many people with the same concerns that you are voicing and this is offered, as much as possible in direct response to your post.Please feel free to contact me if you have any comments or questions. 

Your response also got me thinking about how this classification might impact the appraisal if this is not a mistake.Rick 

@Alex McArthur-thanks for your response Alex.

So helpful response 👍