They may be selling them but will it cover all the original investors equity?

We keep everyone in the loop all throughout the process.To stay on track, we maintain a comprehensive checklist that covers all the tasks involved in closing a deal.

A mentor of mine with 400 units told me I can use a large seller credit to cover most of the down payment on a property I'm looking at.

Plenty of rent money to cover the PITI.) 

Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.

My recommendation is to get enough income to pursue a 25% downpayment, enough reserves to cover most of capex and vacancy.

You even indemnify GPs against false claims and sign to cover legal cost.

Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.

The goal is for the rental income from the units to cover all of or most of the mortgage, multifamily house hacking, if you will. 

For example, wood rot is not covered in most policies.