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.

I like your model for the start and end dates for your units.

Their pay-as-you-go model allows flexibility, so you only pay for what you need.

The inspections have become so nitpicky over purely cosmetic items there has to be an extra $1-2k per year to keep up with the punch list every 1-2 years.

Some people are sending supplies (clothes, other needed items like school supplies, food for humans and pets, etc). 

Review what happened and determine why each item was above or below your expectations so that you can properly plan for next year.Review your prior year goals.Did you buy all of the properties you set out to purchase?

Look at insurance and tax costs, those two items are the biggest killer of cash flow.

Tailor these amounts to the significance of the task; for example:Roofer: $1,000/day (critical to weatherproof the site).Painter or garage door installer: $100–$200/day.Contract Value & Payment Terms:Agreed payment amount (lump sum or itemized costs).Breakdown of payment terms:Deposits.Progress draws.Retainage (if applicable).Scope of Work:Be as detailed as possible.

Not 100% sure if they have but I know what the model was when they begun and that middle part.

For example, if you don't specify if a certain item is reoccurring or 1 time, you can't collect it.