Thanks Tom V. - I did just that on my walk through with the tenants.

Vis a vi how many residence's the economy can support.. or how many folks the government can support via welfare programs.

I am interested in investing for the first time with a syndication deal that is offering equity multiple of 2-2.3x, CoC 5-6%, IRR 16%,  5 year term, but I’m a little hung up on all the fees associated with it: an acquisition fee of Two Percent (2.0%) of the purchase price upon closing of the Property, (ii) an ongoing asset management fee of Two Percent (2.0%) of estimated gross income to be paid monthly during Company ownership of the Property, (iii) a construction fee equal to Five Percent (5.0%) of the rehabilitation budget of the Property, (iv) a disposition fee of One Percent (1.0%) of the sales price upon sale of the Property, (v) a guarantor fee of One Percent (1.0%) of the purchase price upon closing of the property, and (vi) a $20,000 marketing fee to be paid at closing.I was wondering if I were to put 100k into this deal how much actual ROI I would see after all the fees are accounted for? 

@Jason V. i guess first, im not really talking about decent paying tenants whose properties have just been sold and have been there long term and you need to get them out to reposition.

Historical & UPDATEDFloor PlansSeismic RetrofitParking PlanPersonal Property InventoryLandscape ArchitectExterior Design Book VI.

Strat V. I

For the purposes of this section, sell includes the transfer of title by operation of law;(iii) Provide the mortgagee with a deed in lieu of foreclosure;(iv) Correct the condition which resulted in the mortgage coming due and payable for reasons other than the death of the last surviving borrower;(v) For an Eligible Non-Borrowing Spouse, correct the condition which resulted in an end to the Deferral Period in accordance with § 206.57; or(vi) Such other actions as permitted by the Commissioner through notice.(3) For a borrower, even after a foreclosure proceeding is begun, the mortgagee shall permit the borrower to correct the condition which resulted in the mortgage coming due and payable and to reinstate the mortgage, and the mortgage insurance shall continue in effect.

Juliette V. - I am sure you may have tried some alternative financing.

C class lots D class lots.some companies out there wont deal with section 8 at all ( turnkey or PM's ) and they tend to sell the higher dollar houses .. but what happens is the US investor gets fixated on their yield criteria and that criteria they set for themselves puts them into a risk position vis a vi tenant quality many times.. 

Nah, direct capitalization formula is V=i/r.