I look at every single item in the pro forma and imagine that it is complete BS, and see if I can challenge it.

That also needs to be insured and has a monthly lease payment.

Commercial: LOIs signed to lease 50% of the vacant space and project to lease the remainder by Mar-25.

I just had my first tenants move into my property on the 1st, when doing the final walkthrough I reminded them that there is no garbage disposal in the kitchen, I did mention this to them before they signed the lease.

I recommend teaching him basic construction and property inspection (4-point items); 'lipstick on a pig' can kill an investment and reputation faster than anything in this business.Best...

I buy blend and extends for cash nationally where I can extend the lease or backfill.I buy at 10 cap rate or higher.

Commercial: LOIs signed to lease 50% of the vacant space and project to lease the remainder by Mar-25.

Also the new owner has the advantage of screening their own tenants and signing leases at or above market rents.

My friend recently told me of this scenario where the person I lease to would perhaps then double book individuals and keep deposits. 

I have been poor very poor living off food banks and pawning items just to eat for a day and do it again.