Would love to connect and get to know/meet investors on here and form a relationship where we can help each other.Thanks any advice is greatly appreciated!

Again, others might feel differently here.3) property level due diligence: (takes seconds to weeks per deal): here is where I drill in with the low-level details.a) pro forma popping: I examine all the assumptions, and see if they are overoptimistic or not.

It’s better to build those numbers into your pro forma now so you’re not surprised later. 4.

I understand that not all deals pan out as pro forma says but at least yearly updates are essential, quarterly even better.

You might also look up "eco-mitigation" credits for MA.

Would love to connect and get to know/meet investors on here and form a relationship where we can help each other.Thanks any advice is greatly appreciated!

Also asking them how they calculate DSCR and whether its on Pro Forma or trailing 12 financials or tax returns.A lot of times you'll see properties that don't make DSCR on tax returns because the owner might have booked capital expenditures or major maintenance to repairs and maintenance. 

I would suggest coming to some investing meet ups and just start talking to others and form a plan based off of that.

From there, it requires the ability to conduct underwriting the highest and best use of a planned project, which requires a pro forma built by the user or acquired from a competent 3rd party. 

They were selling on pro forma, but the market and the debt market have shifted, and it's aa lot harder to achieve higher pricing with lower rents.We've purchased over 2,000 units, and the simple answer to the question is that they are either mom and pops and run their businesses with ZERO KPIs, they do not want to risk losing tenants if they raise rents, and they don't treat their asset as a business.When you take over, it can be difficult to get rents to market if they are very suppressed.