It is part of a larger building and I am not able to assess whether it is in some way a condo, and if so, are they up to date with any fees. 

Odds are that the changes needed are not likely to help one get near to the Pro Forma goal/wishes.As an LP, I'd want to know if we were going into the closing w/o the full raise, and for sure to be kept up to date on the plan to resolve the shortfall asap.

There doesn't seem to be enough information to support that.If you purchase a property but then spend 4 months rehabbing it before its first occupancy, your depreciation starts from the date it's placed in service (first occupied) not the purchase date.

Consult a Real Estate Attorney: Given the proximity to the closing date, consulting a real estate attorney may help you navigate any legal implications and ensure your interests are protected.4.

It's great to meet a fellow real estate enthusiast looking to break into apartment syndication.

I also file a 30 day notice if they don't commit to renewing their lease between 30 and 60 days from the lease's termination date.

The 'cooling off period' is fourteen calendar days from date of entry into these Terms.

In the form, it says I can only work with them exclusively from a specified beginning date and end date.

Most of the time you can look on FF and see what is available and also what isn't available until X date and that helps narrow it down.

The extension is what would continue to protect you once the original PSA dates expire.