At a conservative 6.25% capitalization valuation, the building is worth $16,480,000 in 9 months based on a run-rate NOI of $1,030,000.Key Finacial Highlights:- Projected Total Revenue Potential: $1.15M to $1.7M, reflecting a 48% increase.- NOI Growth: From $603K to a run-rate of ~$1M within the first 12 months, marking a 73% improvement.

I first contacted occupants and offered cash for keys.

So really depends on who is going to run the railroad that will be a key fact in getting your financing and or liability of the loans going forward for you and investors ..

Not everything in the course appealed to me (ie they had some turn key properties that didn’t look like they were as good as advertised). 

Quote from @Jonathan Greene: This trend has been growing increasingly, but it's actually hurting most new investors.

It is always service providers (Turn Key Operators, PM's, agents etc. etc.)  

By sourcing directly from trusted factory partners, Griffin Modern saved significantly on key elements like the Pivot door, floating staircase, glass handrail, and casement windows—items that normally cost 30% more when purchased at retail.

Curious, have you noticed this trend in other areas too? 

Many investors connect with property managers, realtors, and contractors remotely, but visiting the market at least once to meet key people can help build trust.

And what is your price point and are you looking for turn-key properties or something along the lines of a "fixer upper"?