Admittedly, pricing will often account for any major items, and I don't believe this is true in Sandy Springs, but there are some areas that an interstate cuts off a small part of the neighborhood, and so labeling the neighborhood as "good" may be true for 90% of that neighborhood, but if you are in the 10% that is on the "wrong side" of the interstate, it can be a totally different market.

Be wary of front loading on the itemization/draws in the contract. 

This is our first REI property and it is out of state for us - thus the "build to rent" model works for us.

This item is one of the more requested items to have in our house.

Download my free Calculator for co-living and Padsplit model. https://docs.google.com/spreadsheets/d/16lo7RLvIYsZtZcZ-l3BA...

**Standard Compensation Models** - **Flat Fee**: Engineers and developers are often paid a flat fee for their services.

Alternatively, are there some ballpark estimates for each expense item (e.g., 8% for vacancy, 3% for capex, etc.) that can be factored in as realistic or worst case scenarios when analyzing the deal?

Firstly, the real item is only a question of Point of Production.

They also sell items at farmers markets.

There are three items required to make a successful partnership - Time, Experience, Capital.If you are a syndicator, you are likely expected to have time and experience.There is a lot that goes into being a competent syndicator - Proper communications, finding a good deal, communicating quarterly updates, networking with lenders, contractors, PM companies.You can gain experience by doing your own deals or working for someone who does(Ideally both).I personally think you should cement your experience before worrying about OPM.Best of luck