@Russell Brazil this is from the Fannie guidelines under the "Delayed Financing Exception": a natural person;an eligible inter vivos revocable trust, when the borrower is both the individual establishing the trust and the beneficiary of the trust;an eligible land trust when the borrower is the beneficiary of the land trust; oran LLC or partnership in which the borrower(s) have an individual or joint ownership of 100%.

For developers it's different flavors of ice cream that suits their taste.

(I got my real estate license to shave several percent off every deal, but that's not realistic for everyone.)'

While my good friend @Brandon Turner, whom I love dearly, though believe he should shave the dead animal off his face, loves his percentages, he is wrong...oh man, that felt good for some reason...no idea why :)CapEx is a $$ in the pro-forma for the life of an investment.

But I received many lovely holiday gifts from residents while managing a 120 unit complex that was OH so special.We did a resident appreciation HOT Dog / Ice cream social in the summer by the pool area, along with national night out, so everyone enjoyed that.

It allows you to select newly released creame of the crop property and does a whole lot of other wonderful things  that give you the pick of the litter according to your property specifications .....and ROI you desire.  

I suspect if I did everything myself for this round, I would have shaved off $300 - $400 for the job.  

I tend to triangulate my data...by this I mean I get redfin, trulia, zillow estimates and then I shave off 20%.

Our mailers will cycle through the following mail types: professional letters x 2, handwritten letters x 2 (not yellow letters; cream colored letters, not lined, with a logo / letterhead), postcards x 2, professional flyers x 2, zipletter x 1.

If this is an off market deal, make sure that you are shaving at least 6% off what you think the property would be worth on the open market as this is what the seller would have to pay a RE agent if they did list.