Let’s unpack your ROI question in a way that reflects the reality of your financing setup.When calculating ROI with multiple loans, you’ll want to include all financing components in your cash flow analysis.

Net effect, typically, means distributions are not taxed in current year, but do lower your basis resulting in larger tax bill upon sale.Depreciation reflected in the net gain/loss from rental box on K-1.  

Holding investor funds without a clear and reliable process for withdrawal reflects poorly on RAD’s reputation and calls into question the ethical nature of its practices.

The rent point reflects low rent growth.  

You might be referring to income / expenses that are reflected by cash.Cash you receive from rentsExpenses that you pay out such as insurance, interest, taxes, etc.You may not have included depreciation expense which would bring your taxable income down further.It may be possible that the negative taxable income would bring your taxable income down.

Sounds like a DSCR loan which means there are at least 100 lender options.Seller might have a problem if there’s evidence they had a previous survey that reflected the encroachment.  

This will provide a better reflection of the property’s true market value based on its current use.DM me if you need more insight

All activity and balances related to or on behalf of the Company were transferred into the Company effective on the inception date, and accordingly are reflected as activity on the inception date.

Just seems to reflect the reality of generally tight market conditions across most of the U.S. currently, tough to find higher returns.

Thank you for your questions—they’ve really made me reflect on the core of why I’m doing this.