I recently came across a real estate investor by the name of Jerry Norton and Peter Conti.

On recent projects that I have seen, LTV’s north of 70% are struggling to pencil out on.

Anyone recently added to Fund IV?  

Point being that property you acquire 1-2 years ago is likely to be subject to deferred maintenance and capex, so their "long term" performance in rankings 1), 3) might skew poorly in year 1-2 but may pickup  after you've found and fixed all the hidden issues.I know if i did this exercise across my portfolio, the recently acquired ones wouldn't be fairly "stacked" because of all the year 1-2 cost build up from what the seller deferred, but have good chances at being future performers in years 3-5.Maybe that's why you have 2) and 5) but curious your general thoughts here are for evaluating this. 

Plus, FHA loans often allow you to buy multifamily properties with as little as 3.5% down if you live in one unit.Looking at Chicago, where you're based, I’ve noticed some interesting trends recently.

Just recently, I completed a cash-out refi on a duplex I picked up in 2019, and pulled out $103k.

I'm curious why your bank rate recently increased?

LLC "A" has a commercial property, no loan/debt, with a 15 year NNN left on it valued at 5-6 Million (recently a broker offered us this if we were interestd in selling).

First, obviously leverage is the MVP, but this isn't my first interneting, I know controversial titles get more attention.Second, I’m a recent convert to Pocketarianism.

:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.