You should look at it from business cycle and cap rate cycle , I could send you some charts when it ks more safer to invest at syndication….The risk when market at cap rate 4 compare to when market is at cap rate 6 is vastly different , you may want to wait until cap rates are stabilizing enough before investing so your risk / reward ratio is way higher.also you need dig deeper into supply/demand in the apt market as we are now on highest supply where there is strong pressure to rent growth.

I am a local vendor in the TX: Primary areas SA and AUS I am offering my services as a GC (Maintenance, make ready’s and turnovers) vast experience with property management companies.

I am a local vendor in the TX: Primary areas SA and AUS I am offering my services as a GC (Maintenance, make ready’s and turnovers) vast experience with property management companies. 

Then, look at price range and laws/regulations and that will boil things down a little. 

My initial analysis suggests a conservative offer in the range of $3.2M to $3.35M could be justified, factoring in current market cap rates and the property's upside potential.I'd appreciate any insights on:1.

If you bought something in the under $200k range, it just won't work.

Hi Aaron,As Nicholas mentioned, there are precautions to be aware of when using high leverage. 10.25% and 9.87% is in range from what I see as HELOCs are ranging in 9's to 10's on average.

Unless you have a vast network/sphere of influence to keep you afloat, making money being an agent can be really tough and you can literally go months without a paycheck.If you want to be licensed and learn it while you have a W2 job that's different.  

Are $4800 in lender fees on a $56,000 DSCR loan within range? 

DSCR rates are currently in the 7.5% - 9.5% range right now.