I have that worked into the proforma as a vacancy line item.

Does the seller carry or private lender financing align with this?

This property needed an extreme amount of clean up and haul away of items left behind.

I’ve been down that road of carrying a line of credit on a property before, and the stress can realy pile on when you’re staring at that monthly interest.

I believe people should have everything they need to cook with and nice kitchen items to use to cook. 

For example, if the property you are buying is a development property, like a small house with a large lot in a developing area, then a small negative cash flow could be okay if you can carry it.

Taxes are another item on your deal analysis.  

Kishora -- Anytime we've had holdups in permits I email (generally, they're very responsive), and I tend to take the "I'm trying to get insight into the objection item, and how can we help" tone, and usually, I find a willing partner on the other end of the phone.  10-12 weeks is a while, usually, its running 4-6 weeks for the last few builds we've done. 

Items or features in this quadrant that aren't there won't be missed, but if they are there, they will be expected to operate perfectly.

Because looking at the T12 from a 100 units will be different from 20 units will be different from 5 units in some of the line items (account names).