To summarize, if you are approached by a syndicator raising money for a multi-family building that meets this multiple offer fact pattern (as is usually the case) who is awarded the contact, they more than likely assumed the most ambitious rent growth, most understated cap ex costs or operating expenses or lastly the cost of equity (your return) is projected to be less than the LP’s the other bidders relied upon.

You should see a pattern of a few lawyers or firms who have WAY more landlord tenant cases than anyone else.

You should see a pattern of a few lawyers or firms who have WAY more landlord tenant cases than anyone else.

The IRS will look for a fact pattern on assigning FMV (if it were appraised by a qualified appraiser, for instance.

Onr of my rentals origanally had a floor register for the heat with hardwood floors , I made an inlay pattern out of red oak and white oak . the rest of the floor was white oak . it became the center piece of the room . 

Pick a color or pattern that hides things well.Knobs/pulls: look for something that can't catch on clothing.Paint: avoid bold, dark colors.

This thread has a good discussion.The pattern typically is:- Throwaway account that suspiciously seems like it’s actually the guru charging $10-$40K for course, mastermind, tribe, mentorship, seminar, coaching, etc. asks about specific guru with weirdly specific SEO minded title of post.- Community immediately chimes in to steer poster away from spending this much on guru nonsense when info is available freely on BP.- Throwaway account gets annoyed at great advice offered by community.- New accounts (1 or sometimes lots) flood the comment leaving weirdly similar reviews - not just for each individual guru, but like the same type of review for EVERY guru. 

So for credit, set a minimum but look at pattern of payment and Debt to income.   

To the extent that a price reduction may make a "stale" listing appealing, worry not, you will get those notification emails on auto pilot anyways.Start doing the compare and contrast, maybe make a spreadsheet to evaluate opportunities, play a game of "spot the patterns." 

Even if you pay $300 labor and 150 materials each time, but the work is continuous, it can still be considered as series contracts (one contract after another within a period apart, even if you do 1-3 day a week/month, as long as it has a pattern, it could be considered as such).Thanks Manolo for all the advice, esp regarding WC.