Money goes into your pockets then, so it's a positive cash flow.That's the explanation of Column B.Next, we need to know all the cash flows for all the years you held the investment, which is the next 5 years.During that time, you received the cash flows as according to Column C.We then total up all the Cash Flows in Column D.NOW, we are ready to do the IRR Formula!

Check out Peter Harris at commercialpropertyadvisors.comHe has a very good explanation on MLOs

If the seller showed the affordability to be approved for a mod, the servicer may want proof that those modified payments can not be made (further hardship explanation).

Your explanation makes complete sense re BREIT promote fee, as well as Fundrise's strategy being clear.I have a note out to Streitwise re their current investments - all I saw in their prospectus was 1.  

@Bernard Reisz thank you for explanation!

Security deposit amountYou can find plenty of examples by searching for "tenant estoppel certificate doc" or exchange "doc" with "pdf" for more options.Here is an example and explanation: https://eforms.com/rental/estoppel-certificate/Some have a lot of legal jargon but this document does not need to be so detailed.

Happy to be here.This question is geographically specific.

@Hadar Orkibi thank you so much for the example and explanation!

@Chris Mason  Thank you for the detailed explanation.  

If you provide a link perhaps there a good explanation and solution can be found.