As everybody has noticed the increase in materials and labor has skyrocketed which has thrown a wrench into condominium reserve studies. 

An e-course is always a waste of time because all cohorts or coaching win because of the others in the group, not the material.

The materials charge was $180, and from Google I'm reading that a 400% markup on parts happens sometimes.

Unfortunately, Detroit is complex due to things being driven block by block.

Quote from @David Cherkowsky: Material Participation: Material participation is the key factor here.

NCREIF (National Council of Real Estate Investment Fiduciaries) is a member-driven, not-for-profit association that improvesprivate real estate investment industry knowledge by providing transparent and consistent data, performance measurement,analytics, standards and education.

To CORRECTLY do Build-4-Rent there is never HOPE of appreciation, there is CERTAINTY, mathematical data and insight driven CERTAINTY, knowledge of the appreciation to come. 

But you don't qualify for material participation if you are a passive investor in a syndication.  

Purchase price: $50,000 Sale price: $160,000 Contributors: Peter Vekselman Partner Driven and Archie Raglin bought this Pleasant Hill property on Benton St for $50,000.

Purchase price: $160,000 Cash invested: $25,000 Sale price: $260,000 Contributors: Peter Vekselman Partner Driven acquired this N Lofgren Rd property in Rolling Prairie, IN, on 03/29/2024 for $160,000.