Used those extensively and on big projects multi millions. then you had a redemption date usually 30 to 60 days.

I hope you or someone is at least keeping an eye on your properties for break ins, squatters, roof leaks, temperature control, frozen pipes (if in cold climate), if you have a basement and sump pump goes out leading to water damage etc.I just talked to two investors in California that have let their properties sit vacant (no mortgages so paying property taxes and insurance).

A roof on the 600K property will cost more than on the 300K property, but you have more roofs to repair on the multiple 300K properties.

I can also see where the CPA firms don't want to do this given for the CPAs...this is likely a one time large catch up project, and then never again. 

One of the most common mistakes beginners make is jumping into large rehab projects without having a solid team or boots on the ground. 

Hey BP, Im looking for project management software.

Do you have an excel spreadsheet with actual numbers and projections?

There are tons of loans out there that use just the projected or actual income from a property vs the payment of the property (DSCR loans). 

I’m currently evaluating whether to go with a Fund Model instead of a traditional JV for an upcoming multifamily project, I will be working as a developer looking to do work with a more experienced developer on a larger scale multi-family opportunity.

Expect delays and unexpected expenses: No matter how straightforward the project seems, having a contingency fund for emergencies is essential.Your Team matters.