That is my assumption too so wanted to pick others brain on this forum. 

You can't make assumptions based on the fact that the dog is jumping around or anything else. 4.

To back out housekeeping income, look at what others are charing for the HK fee and then make an assumption on how many reservations in a year. 

The assumption is that people don't pay taxes on properties they don't own, but you may find trustees with knowledge of the property too. :)

For one, my lender told me banks won't do loan assumptions even if the loans are assumable, but I think they were just blowing smoke so I would get a new loan with them.

You'd need to hold the mortgage for 5 years to make it worth waiting under these assumptions. 

@Daniel WindingstadRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.So, when investing in areas they don’t really know, investors should research the different property Class submarkets.

You can change the exit cap rate in the basic assumptions tab cell H67 and see the effect on the IRR and EM in the Equity Waterfall (GP) tab cells V51 and V53.

Specifically, it looks like you’re including PITI and HOA dues in your expense assumptions, but what about maintenance and repairs?

@Helene Goodworth your assumptions (vacancy, R&M, etc.) look correct.