Expense ratios vary dramatically depending on project size, age and other factors, but basic rule of thumb is the smaller the project the higher the expense ratio's, using a 33% expense ratio for a small facility (less than 150 units) is optimistic, smaller facilities are probably closer to 40%.

I'm just not familiar with the flipping aspect of homes this age and just want to be cautious going in.Thanks in advance! 

The older aged condo market is tough with so much new supply coming online and breaking ground. 

Single, college aged or not, I wouldn't even consider paying for a place with no means to shower.

@Chad V.This definitely aged well.

Note that if this goes well, I would want to continue making deals there.I don't think this is necessary in this day and age - plenty of direct lenders that can offer you good service and DSCR Loans for a wide variety of situations with competitive rates - easy to find here as well. 

The ideal asset allocation for someone in your financial position depends on various factors, including your age, risk tolerance, retirement goals, and current lifestyle.

Yes this is very common in trading of NPLs with very aged past due dates, which could be outside of the statute of limitations. 

It should not take 30 to 40 days to close a sale, it's the computer age and now thar they have ingrained themselves into the process so much they are feel they can take however long they want and we have let them.

What is the age and condition of the property?