You're marking the equities to most recent returns, the reality is a real estate investment to live in is a guaranteed rate of return and serves utility. 

Common fees will include a set-up fee, a leasing fee for each turnover or a lease renewal fee, marking up maintenance, retaining late fees, and more.

Mark Dorsey,The 11 unit deal unfortunately fell through due to seller not cooperation, now back to square one.

You would be surprised how much Wayfair marks stuff up, and that a lot of things that are marketed as unique are sold by numerous retailers. 

You are getting a seller to sell to you at a certain price, marking it up, then selling your “Interest” in a property to a cash buyer and keeping the profit.

@Anthony Perry everyone's given great feedback, except for one thing - how long this may take!

Quote from @Jesse Valdez: Quote from @Mark Brown: So many things here. 

One thing that I’m seeing it that large multi unit buildings beyond the 800k mark are all on a boiler and paying to heat the entire building ruins the numbers.

Similarly to what Mark Cruse stated above, provide dignified housing, respect your tenants, and either have a good PM or make sure you are updated on the regulations and best practices for placing tenants.  

One marks up larger jobs, but won't say how much.