If a sponsor will not allow you to talk to existing investors, that should be a red flag to you.Also, one of the most often overlooked components of a syndication is the reporting.

Other homes would be expected to be in the $70,000 - $100,000 range for these same components with the balance of the mortgage held by a bank.Below are actual revenue, expense, and NOI numbers for this home which we would use as a model for further acquisitions.Property Management is high, it costs a bit to manage the placement of multiple tenants, handling of disputes, and collection of rents as well as mange the cleaners, landscapers, and handymen.The 2.5% for maintenance, and 5% for capital expenses would be variable but should not be much higher than 5%.

Most budget 10% for unexpected repairs/costs.

One of the key components in the B of the BRRRR is buying a deal at a discount.

Estoppel Certificate - will become a critical component of deals moving forwardWas planning a buy and hold, then a BRRRR, will likely become a hybrid of sorts IF the deal closes Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

The more units under one roof, the more efficient the cost of salting is, as you will pay the same cost for the sidewalks whether 3 people walk on it or 30 people.I am not debating whether or not to plow or shovel the snow, only the salting component.

Does anyone have experience with giving tenants small gifts as a way to smooth over aggravations from unexpected renovations while tenant occupying the property?

Also, some NYC primarily residential co-ops with some retail space were able to sell the retail component as condominiums.To clarify for those unfamiliar with the concept, a residential cooperative is a legal situation where a specific type of corporate entity owns a residential building with 2 or more, usually many more individual apartments.

Thank you so much Sam i will do.Also what would you say are the key components to analyze when looking for deals

This is in case anything unexpected happens and for peace of mind.