Are you working on any projects or targeting anything specific?

They are mocking these up with interest only loans and factoring back in the tax deduction as if you qualified for the tax benefits of a real estate professional and factoring in the diminished first year property tax (since its not a full year).

She was being diplomatic and didn’t say specifically it was me and the other Multi Family Mindset student but we got the impression he was trying to get us pushed out of it so he could move in and get a bigger percentage.A month or so went by and then next thing I know we had to learn by a social media post that my Multi Family Mindset coach had a new deal with the two former students who we had partnered with on this same deal.

For the most part vs focusing on a specific neighborhood or two I would say keep you options open to all. 

I would probably go with a HELOC as you won't have to pay for what you're not using unless you've got a specific property you're going to be buying with that money so you know you won't just take out the loan and sit on it paying interest all the while. 

While the forums here may be helpful, those forums are private and specifically for LPs of any syndication deal, that niche group may have more expertise for you in this situation. 

Reason for asking is that I am trying to understand what a reasonable target rent per unit is for specific geographical areas. 

Usually, by the second month, you are figuring out how to evict.Sometimes we have a specific unit that has been on the market a long time. 

This will be area specific. 

I'm wondering how much specifics I need to include for each line item.