There are some onboarding fees which start to get steep once you add up all the other transaction expenses and the 1% annual fee, but I would hope the onboarding could go down or be a flat fee rather than a %.

Hi Logan, yes the annual interest is the key to selling your note.

I do this annually anyways to up my credit limit to help my score, and to negotiate annual fees.

Do you have a business plan of annual projected revenue and expenses before debt cost ?  

You simply won’t get annual revenue, annual occupancy rates, annual net income, & annual ROI like this in the north:https://theshorttermshop.com/c...Though, if I were gonna invest anywhere in the Northeast, I’d go with Vermont or New Hampshire bc they’re the only legit ski places in the northeast.

I have been with Fundrise since late 2017 but all Real Estate equity (~75%) and debt (~25%) with a fairly small investment that, according to their calculations, has returned gross ~7.5%pa (growth + dividends) over that 7 year period.So the above is not bad based on general risky asset long term annual returns, but the S&P 500 has returned (growth+ dividends reinvested) ~14.3% pa over that same period (source: using https://ofdollarsanddata.com/sp500-calculator/).

(average of $400/m) $7000 annual expenses roughly- insurance, septic Mgmt, lawn care, etc.

Then an ongoing annual management fee would be 4%ish, and  more if you get a class C apartment with lots of work needed.

Given these things, in a normal circumstance, I try to increase rents 1-3% annually believing that is generally how much rents will increase LONG TERM and that a tenant's pay will likely rise in that range each year on average as well.

I’ve gotten by with just cleaning the roots out annually at a few of our properties with clay pipes, and just replacing sections of collapsed pipes at others and the highest I’ve paid was $10k for replacing a ~30 foot section of collapsed orangeburg (that stuff is the worst).