My friend/advisor with more experience says I am being a cheap knucklehead and that the $20k is not relative when you factor the forced appreciation and income/valuation of the improved asset(proforma), but, I think it is math and $20k is always relative and I have my criteria(4.5cap) and was very transparent about it from when I first submitted the original accepted offer, and my DD uncovered several hidden deficiencies that make the credit necessary to maintain my original underwriting numbers and even though I understand my friends rationale, I don't want to give in any more slack(adjusted to 4.4cap), than I already have...What do you experienced multi family acquisition people think?

Hidden items are your best and most practical means to retrade. 

I think you’re going to face a hidden cost.

Found a food own today had “meat” on the bone and found out from realtor that in the “hidden” notes only he could see that were taking competitive offers over a certain time period.

(hidden fees) Make sure to understand your loan options and understand what cash you will need at closing.

Thank you would definitely love to learn some valuable gems from you and connect 

: less chance of repairs in the first few years, less chance of buying something with hidden repairs, modern= more attractive to tenants.

Joining any brokerage assures you no leads and all different levels of training, but there are also hidden fees in most of the big box brokerages (6% off the top, mentor fee, etc).

We try and mitigate with some small poison stations outside of the home in crawlspace and hidden areas.  

Location: Florence, SCShort Term Goals: - Purchase 1 SFH property by end of the month, convert to a multi family, rent out- Complete my business planPersonal Development: - listen to all BP Podcast episodes starting from Episode 1 (currently on Ep. 25)- listen to Rants & Gems podcast - re-read The Book on Flipping Houses and ABC’s of RE investing- read Estimating Rehab book and the E-Myth- utilize @tuckermerrihew resourcesBiggerPockets Goals:- get at least 3 responses on my first two posts- improve deal analysis accuracy on the BRRR calculator and Rehab estimatorglad to contribute to the community