Originally posted by @Timothy M.

Originally posted by @Cara Lonsdale:@Tony Nguyen  Would love a copy of your syndication pitch book to compare it to the one we have. 

When you are purchasing a multifamily property, the seller will be advertising the property performs at a certain cap rate.

Originally posted by @Corey Slaughter:@Steve Sellers Thanks for the information!

In the next 5 years, we can buy one property per year with 25% down (~100K), and perform the same operation of using cash-flow for paying off properties next 15 years and we will have $15K/month net-profit which hits our goal adjusted for inflation (assumed at 3%).

Note I am not stating I find this ideal, but if an operator has outstanding performance record, I may be able to tolerate sub-par communication.  

Since it came directly above your apartment, I can assume the leak originated from your unit unless substantial evidence proves otherwise.

Most brokers set their own origination costs.

Ensure your records include details of any hired help and the tasks they performed.

@Dennis Boettjer be careful about basing your decision solely on past deal performance.