Hi Chris, As financing costs will be a big factor in determining profitability, you should be asking HMLs for proposals to fund. 

Interest Rates: Current spreads, rate structure, buydowns, mission driven business, factors that influence your rate, etc.5.

Not only for the census ending in 2020 but also the projected population from 2020 to 2025.I agree that population increase is important and should be factored in when analyzing a property. 

CT is 1-2 hour drive from my location depending on the town and is manageable for one project.

Will depend on several factors like the type of property, type of tenants, your risk tolerance, other assets you own, your estate planning, laws where the property is located, etc.

Then, I typically see them take about a half to a third of that number for the adjustment factor.

Financial freedom isn't simply about replacing your current income, because inflation continuously drives up prices, making a fixed income insufficient to maintain your standard of living.

What occupancy percentage and turnover cost did you factor in?

So it's more-so there a construction/maintenance company, who uses a PM offering as a lead gen and capture device to drive sales. 

(Granted, I am not factoring in various fees that may be saved by financing at acquisition).