@Sachin Amin based on the push back from the lender, it sounds like this is vacant land that you intend to develop into a multi-family building.

Doesn't sound like that's the case here.One note though, if you already have it for the other tenants, we have crime free addendums and quiet hours for neighborhoods.

This applies in most areas of life, but if someone is simply agreeing with you, dropping PM fees down a percentage or offering discounts up front and sounds a bit desperate, they could be experiencing high turnover and poor customer retention.

In my personal opinion, I wouldn’t be as worried with some of the niche items, like a surround sound system, smart features, sauna.

It sounds like it comes down to how much that 16k is important to you.

Returns sound solid. 

Sounds like you're on the right path, Stephen! 

I spoke to Jerrod Cook and he sounds experienced having self managed his own units and his investing values reflect mine.

Sound construction, below market price How did you find this deal and how did you negotiate it?

@Gino Barbaro and  @Adam Bartomeo  nailed it—sounds like it's time to bring on an assistant.