Predicting appreciation seems like a big gamble to me.

(The tradition here is one month's rent for the fee.)6) How does trash normally work?

Also , normally I keep 5% as vacancy rate , but for this case I did 4% as its a desirable rental areaIs 7% expense conservative for such townhomes?

Relationship-Based LendingBanks: Normal transactions are always cold-blooded and policy-oriented.Private Money Lenders: Most often work with borrowers to create solutions and value relationships over strict rules.The Bottom LineThe power of private money lending, I think, is a pretty effective alternative for borrowers who need speed, flexibility, and customized solutions—especially in industries like real estate investing.

Normal financial advisors won’t be helpful.  

People like to fight on me on this and there can be exceptions, but for a ton of different reasons, they dont normally make great investments. 

As for application turn around, it is normally about 5 days but it could be longer or shorter.

Doing Build-4-Rent without all this, is GAMBLING not investing.

They will normally have some pre-payment penalties in the first couple of years but if you are keeping long terms that's not an issue. 

Therefore it's quite normal for a design change to be an additional service fee.