YOu need to document and make a paper trail. 

As we all know especially in SFR s  most are buying rehabbed homes that are new to put into service.. they have no clue as to what will come up.. and they just run on blue sky numbers they see from a seller or posted on a site like this.. your MF investor will want to see trailing 1 or 2 years of actuals to build a model..   

Tryhttps://apartmentpropertyvaluation.com/cap-rate/tu...Also your broker should be able to get you a Costar report on the trailing cap rates for the area.Raj

My next race is going to be the Nipmuck trail marathon in Connecticut.

Also, when applying for a loan I only show that account so I don't have to chase endless paper trails for the lender.  

Call the utility company to get 12-mth trailing averages for the electric bills for the units, and do the same for some of the competition.Are you sure you can get bank financing?

There must also be a total audit trail of who altered what record as well as when they altered it.

Preferably using email so you aren't fielding calls and can keep a paper trail for disputes and expenses.  

Real estate investing allowed me to separate from my job and hike in places like this during the day when the trails aren't very crowded.

The trailing 10 year average is 579 multifamily permits/year.