I have the means off getting high end vintage furniture through my wife’s business.

@Chris IleySounds like an 80-s vintage northeastern partial-refinish job.

Often vintage leases are inflated when pharmacy would pay anything to expand.

I think this will be a great value-add deal.Purchase price is $385,000 (64k) per unit for 6units (all 1bed/1bath 504 sqft) 1953 vintage Apartment building with last renovations in the year 2000 such as electrical, plumbing, roof, HVAC etc.Down payment $70,000 at 6% with 12 month loan term with 1yr I/O, no pre-payment penalty, Current monthly income is $2,685 (avg rent is $447). 

Understand if there are other nearby buildings with similar vintage (age) and amenities that charge higher rents – this will be a good indication that it’s possible to increase rents. - How many units does the syndicator plan to complete every year?

I would love to own a 2-4 plex of modern-ish vintage, but they almost don't exist.

I love aviation, i love CrossFit, I love camping, I have an affinity for vintage travel trailers (have owned 2 Airstreams), one of which is my first rental investment!

I like the modern vintage style appliances.

The 50% rule is more reliable, but with the 1900 vintage buildings here, there can be landmines that will create major issues for a buyer down the road, so I tend to gravitate towards a 60% rule.

I bought two vintage doors and reproduction glass knobs for $550.