The property will be worth 220 when complete. 

It requires a solid FICO, that you get pre-approved with all current financials held in file beforehand, with the complete contract package submitted upon execution which starts the clock; insurance must be arranged within three days for lender underwriting. 

The cop sounded lazy or dumb to me.

Quote from @Devin James: Im currently learning this lesson with New Builds that have taken twice as long to complete than anticipated.....Finishing a Real Estate project ASAP is critical because...1) Holding Costs add up quickly- Loan Interest- Property Taxes- Insurance2) Investor Capital- Our financial projections are dependent on how fast we can turn our investors capital.

In your opinion, would someone be considered an expert after completing 2-3 'smaller' multifamily deals, or is it more like 5-10 deals?

The inventory is also very old, so prepare for heavy Capex (but it sounds like youre ready for that anyway).

At least plan B does not sound a complete bad idea now.Thank you!

@Theo Hicks does Joe's podcast and he sounds real pretty ;P 

I was soooo obsessed with the gator method and basically for me it was the shiny object syndrome I guess, I went from so obsessed to just completely lost interest in it.

It sounds like a few people on this thread don't really understand how PMC's operate or why they may charge extra fees.