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.

The 30k custom granite backlit monument sign on etched italian marble announcing 'The [your name here] Group' is a great photo op for your Facebook page but it mostly it is just an irritant to your landscaping contractor.  

The hot mop dude takes pie when pie is passed, the Marmorino plaster artist also books two jobs at one time thus he will hold you up if your schedule is not in stone and you want that smooth marble look not popcorn from the guy with grease stains on his rear. 

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.