This is the norm on the forums...not the norm for sophisticated LPs (who perform credit checks, run TLO reports, track sponsor performance over years and decades, have attorneys review PPMs, review PPMs and OMs and discuss them with peers, negotiate more favorable LP terms for investing at scale with a group, have access to institutional opportunities that have minimum investment levels in the millions, validate rent rolls with comps, validate purchase and exit cap rate assumptions, analyze rent and exit cap rate sensitivities on IRRs, analyze submarket demographics to validate revenue, analyze the sponsors total portfolio risks rather than just the deal, understand the debt terms thoroughly and have a conscious position on what debt fits the LPs risk profile...the list goes on and on and it's not a checklist approach / it's investment analysis that requires qualifying the property based on extensive knowledge of the asset class and additional work qualifying the sponsor.

If not, talk to brokers in the market, gather as many OMs in the market and you'll be able to find cap rate.

I would also try to get my hands on as many OMs to see what assets are trading for.Gino

Selamat siang, Om Adiyanto!

The goal is to opt into as many broker sites/lists as possible, so they start sending you OMs, and you can start underwriting deals.Then, you can start scheduling tours on some of these deals.

We have airbnb'd it but now have it rented om a monthly basis and fully furnished.

., the number of deals underwritten each month and their current stage) and measure key conversion rates (deals underwritten → LOIs submitted → accepted offers → closed deals).It would also be a huge plus if the software could assist with creating OM resources and help streamline rent comp analysis.Has anyone had experience with similar platforms or found one that really fits these goals?

That search will reveal you are om title and have "Vested" interest in a property that you reside in that matches your Drivers license, income docs, etc.

Re off-market properties, my realtor's office updates a master list of known OM deals.

When I find one I reach out to the broker to learn more and see if they have an Offering Memorandom OM they will share.