Criticism and Critiques welcomed :) 

The stress of juggling my day job (in Commercial RE) while building to critical mass would be trying, and essentially "selling" myself and my services for a period of time are the obvious drawbacks.

So that's your true critical path. 

Tax returns are critical to getting loans, and seed money is also important. 

2 bed 2 bath 2 parking spaces with in unit washer dryer located a bock west of pacific $320,000 HOA $220/month https://www.zillow.com/homes/for_sale/2090937594_z...2 bed 2 bath 2 parking space in unit washer and dryer with a gym in the complex located a block or two away from where they are going to build a brand new trader joe's $595,000 HOA $486https://www.zillow.com/homes/for_sale/111919528_zp...Feel free to ask questions, blast me, make fun of me all criticism is welcomed so I can learn.Cheers!

We did not agree to liquidated damages for early termination - given the exclusive nature of the community, the extremely high commission cost, high property costs (taxes, HOA, etc) and the fact that it can take anywhere from 3 weeks to multiple months to rent it out (at high carrying costs) - we depend on stable multi year tenancy for the numbers to work out.It’s critical that when the tenants renew, they stay for another full year.

Hoping for some honest constructive criticism/advice.I'm a US citizen living overseas.

It's an off market deal and the owner has his brother as realtor and they just aren't very open with information critical to the proofing of my analysis step.  

Starting with legalities is important, having a good Real Estate contract is critical in my opinion.

There was a lot of hard work, determination, and persistence in this project.Rehab Budget Row Labels Sum of Amount Details of Rehab Exterior Improvements $367,020 1) All Exterior Carpentry, Brick and Painting Work2) Tree Trimming3) Foundation repair work for 2 building4) French Drain to reduce soil movements HVACs $146,307 New HVACS replaced as needed Interior Unit Rehab $502,094 1) 5K Budget on average for a unit interior.2) Total 81 units remodeled including new painting, crown molding, new vinyl flooring, new stainless steel appliances, new fixtures, resurfaced countertops, new light fixtures, new ceiling fans Landscaping $30,000 1) Landscaping near Office area and Villa Lighting $6,932 3) Exterior porch lights and critical building lights Maintenance Tools $10,653 4) Maintenance tools such as HVACs Gauges Office/Laundry/Community $76,718 1) Office were renovated completely.