@Jason Khoury what would you do if you worked for a nonparofit and had to sell a property?

Successfully acquiring, renovating, and selling multiple distressed properties can significantly boost your returns, but it also comes with its own set of challenges.

I used her for buying and selling the same property.

Understand that they all have an incentive to sell you a property.

It's a bit burdensome and can make many sellers of such properties nervous since they often don't want to tell their tenants they're selling in case the deal falls through. 

Ask questions to find out about their reasons for selling, desired next steps (i.e. relocation, 1031 exchange, etc.), and anything else that is important to them.Ask follow-up questions to dig deeper and learn more (without being too intrusive) then jot down any relevant notes so that you can reference them down the line during your follow-up calls.

if you believe this is a common outcome I have a bridge to sell you.  

Think about what everyone else is doing.For reasons that I can’t quite grasp, someone decided that people who want to, need to, or have to sell their houses are the ideal audience to target.

It gives me another exit strategy by having the option to sell off individual properties to retail buyers if needed.

I mainly want to ask if these assumptions are reasonable and if there's anything I haven't considered:(1) multifamily units in NJ close to New York City, ~$1,000,000, 20% down payment, (2) Using the following assumptions: 4% appreciation rate, 6.5% interest rate and 5.0% refinance after 5 years, $10,000 yearly maintenance fee(3) ~$6,000 monthly rental and assume 3% increase yearly with 5% vacancy rate(4) Based on the above, the calculated IRR if selling at the 10th year is ~19% (considering tax benefits) and ~17% (without tax benefits).