This is why (I think) in any given market the listed MF properties will all show the same CAP rate- if they want to sell the property they massage the asking price to be just higher than a bank will want to pay based on the income in that market.  

They plan for perfect case situations as others mentioned and massage the debt structure with I/O for stabilized,short term fixed loans,  or ARM's to make the deal pencil.

I purchase their raw data by zipcode(s) to analyze historical/competitive properties and massage it into the critical details I am looking for (need some basic excel skills).  

Thanks, Jeanette for the gentle reminder of doing the right thing.

Lowe), however, the district court for the Northern District of California allowed a landlord to exclude a pit bull mix because of the reputation of pit bulls, despite the fact that testimony regarding the specific dog suggested strongly that it was a gentle animal.

. :-) Yes, repairs and maintenance can be hassle free, until you have to gently remind the landlord about the maintenance request you made x days/weeks ago.

First post so please be gentle.

Extra or additional partial payments, especially frequent and sizeable, will change the payoff date.It is ALWAYS in your interest to track this and to assure that you have it by Jan 31 (a gentle reminder in Dec to the seller is a good idea).

I think I'll gently suggest that he read it again...because sometimes its easy to forget things as life happens, and we need reminders.

She ended up living in my home rent-free for one month (also didn't pay her utility bills) before moving out as I gently told her she needed to move along.