This is true in Ohio as to residential owner occupied but not commercial.

If you have no idea how to set up a pro forma that will answer #1, and #2 your issue may or may not be the numbers on the condo, it may be your analyzing technique.  

It almost seems...well...too good to be true hence the ask "does this make sense"Any thoughts or your take on the deal would be so awesome.  

It's true, Banks and Credit Unions will not provide DU's as they are audited much more than brokers and lenders. 

I know none of this answers your question of 506(b) syndicators that I have had a good experience with, but I hope it does point out that these exemptions are typically not what is holding people back.The bigger question, and likely the one you are really getting at, how do you find the true operators, and not just the savvy marketer?  

I've accumulated a bit of capital and I'm trying to figure out the best way to appreciate on it; and real estate always struck me as a good option—a true classic.I'm from Europe, but I don't really feel location tied in terms of investments—I wonder actually, do many of you do business internationally?

Months had gone by and no work was being done and he kept blaming the city for staling the permit, which I later found out was not true. 

My point in bringing up the fact he continued paying is because he said to me in response to my letter stating he owes the difference in damages above the security deposit amount that he has nothing to do with her anymore, except it wasn't true because he still would write checks directly to me to cover her rent.2.

You gotta be constantly adapting and utilizing todays tools and techniques which are generally out in paperback about 6-12months after there no longer viable. 

Paying too much initially can significantly impact overall returns, emphasizing the need for thorough due diligence and possibly more stringent financial analysis before purchasing.For future investments, consider leveraging local market knowledge further and refining your property evaluation techniques.