I looked at their Houston Fourplex presentation deck and it appears that the Southpark project is almost the same in terms of building design etc (the interior pictures of the fourplexes are exactly the same).I too am considering investing in their Southpark fourplexes so would definitely appreciate people sharing their thoughts and investment experiences.   

U may want to talk to your account rep and get a clarification of this. whole notes it appears they do assign 100% interest to the investor .. and in my mind that is the safest way to do these. 

It appears to hold much year round potential with the right tactics and tools.

Our listings appear across so many platforms I would not know which site they stole them from. 

He prides himself on having "realistic" standards and claims to value inner qualities over appearance.

This appears to be a good deal.

I’m in Calgary as well :) thank you @Santhosh, it appears that may be the case.

Gross profit is interesting because it appears to just be the difference in his acquisition and sales price and fails to take into account the other obvious cost of running that business which includes, again according to him, the cost of over 26,000 letter print, mail, post, and the cost of the lists needed to create a mailer of that size. 

That appears to be the issue Caria is facing. 

However, assuming a higher expense ratio would only underscore the point that the initial asking price for this asset appears to be overly optimistic.