For multifamily properties, this is often around 40-50%, but it can vary depending on the property's condition, location, and age.- Analyze Comparable Properties: If you’re working in a specific market, reach out to other landlords or property managers with similar assets.

You likely won't be able to pull all of your money out with the market's current conditions, but with Columbus's appreciation, your return on cash invested will be huge! 

Align your decision with your goals, market conditions, and comfort level.

There are multiple properties they own in the same condition now.

I'm not sure what the economic conditions are. 

In true syndications, a sponsor shares all financials and will do a capital call if market conditions dictate more capital is needed.

Stack, a fact which should come as little surprise :) An eventual future bill now seems likely to prohibit conversions in Union City alone. 

I'm hoping someone could explain to me what this means on the HUD Property Condition Report - pour water/antifreeze in drains - fail.

S8 is an option if it's in good condition.

Partner Driven saw a fantastic opportunity to leverage the property’s market-ready condition, allowing for a swift and profitable transaction with minimal investment or risk.