Quote from @Carlos Ptriawan:  They believe that they will increase the properties NOI by 45% over 5 yr hold, mostly through rent increases after doing 5K interior upgrades in all 252 units, thus adding 19 million to value of property. how is it possible increasing rent 50% in 5 years period in place where comps and rent is decreasing, this local market is extremely saturated.For me if I have to buy in Austin I would find complex that could give DSCR 1.3 at least with 80% occupancy.if they increase rent 50% then we should do intelligence on their closest neighborhood's rent. 

The best advice I can give is pull the trigger on something that makes sense to you and learn from it.

Now it's time to pull the trigger.  

The statutory burdens on the seller are extreme and can be financially devastating if a mistake is made.

I know this is bogus and I have sufficient documentation to prove so I am not extremely worried about that.

Also if your a private money lender or do DSCR please reach out to me, as I am extremely interested.

I know that in the states I invest in the sale of the property triggers the assessors office OR the school board to know that there has been a sale of the property, most likely at a higher dollar amount than the prior purchase.

Determining whether the venture falls under a service or rental business hinges on the provision of substantial services; for instance, if a bed and breakfast service is offered, it must be reported on Schedule C, triggering a 15.3% self-employment tax.Moreover, personal use plays a crucial role in the classification of the property.

Determining whether the venture falls under a service or rental business hinges on the provision of substantial services; for instance, if a bed and breakfast service is offered, it must be reported on Schedule C, triggering a 15.3% self-employment tax.Moreover, personal use plays a crucial role in the classification of the property.

@Carlos PtriawanIt’s extremely challenging and with any sponsor financials can look good one year (or not so good) and turn right around the following year.