While this review appears comprehensive and objective at first glance, I see a concerning pattern.Looking through William Ferr's posting history on BiggerPockets, there's an unmistakable pattern of consistently promoting Jonathan Halves and his training course The Land Method and his Land Riches Blueprint, while criticizing other educators.

A couple factors that come into play when assessing cost:1.

From there you assess if month to month cash flow deficit is okay, that's really such a small detail of it.  

A buddy of mine, who’d been eyeballing a small multi-unit in Tucson recently, nearly forgot to factor in the HOA’s special assessment fee.

Thanks for the assessment from Colorado Springs! 

If you believe the new assessment is too high, you can file an appeal.

Have you assessed how some of the repairs will be funded? 

It’s important to have a clear understanding of both hard and soft costs (labor, materials, permits, etc.) to assess your budget accurately.Projected Rental Income: Research the rental market in the area.

All real property in SC defaults to the 6% assessment ratio.

Local government get's it done, and an assessment is levied on the property for the expense of such.