PM's will keep all late fees, they hold the security deposits so they collect all the interest on security deposits. 

Then keep $30,000 in reserves in a hysa for emergencies.

For a variety of reasons, including keeping this potential project "need-to-know" only right now, I want to get a ballpark estimate with full understanding that the goal posts could move in either direction as the project gets more discrete. 

Please keep those posts in the Classifieds forum.Need a spreadsheet or form?

Depends on the actual deal I have seen 85/15 rarely 90/10 but keep in mind your primary home will have a second lien on it typically if your LTV is over 75%. 

Prices in Detroit are likely to keep going up.

After that, if issue is addressed but ground floor tenants keep complaining - remind them that common noises are expected when living in an apartment. 

What should I keep in mind to ensure I'm approaching it the right way?

That isn't a bad way to keep folks happy and make sure they want to leave a 5 star review.Yeah, the toilet is one thing but the tub, whew.

Hi, Are all big players selling off RE and keeping them cash ready?