We all don't care how much Apple profits on our iPhone... what really matters is the product or value we get or in this terms the ROI on our principal.The fees can be broken down in the three main fees (so you might have to combine some of the above fees under one of the categories below):Acquisition fee (paid % of the asset price) - normally 1-3%Asset management (paid % of the income the asset produces) - normally 1-3%Distribution or exit fee (paid % of the sold asset price) - normally 1-3%Development fees (this is present in development deals) - exampleNOTE: Just because these fees are high or the split structure has too much going to the GP does not disqualify it.

@Mike ReynoldsYou hit the nail on the head in that seller financing would fall under the non-recourse loan category; therefore, UDFI would not apply.

Many of those items are desirable by all guests, so I'm not convinced that you have to dial it in to one category at the expense of others.

And the cracks mostly follow the drywall seams from what I can see, which is typical....And as @Patricia Steiner said, it doesn't look like a pro installation....You could ask the Contr to use a flexible compound if this happens again, or maybe even now...https://www.dap.com/products-projects/product-categories/pat...Like everyone else said, I'd have it repaired - by a licensed Drywall Contr. - and then just check in on it.

Expect significant renovation, so having a reliable renovation crew is worth its weight in gold.

How much weight do you give to the cash flow benefit of cheap debt when the property is priced above market?

So for example, a 761 credit score will be in the 760-779 credit category, then going down to 740-759 and so on.2.

A lot of investors put a lot of weight into their LLC but to be frank, it doesn't really matter until after you've gotten under contract.3.

Each does really well in it's category, but I also made a point to set them up with a good design, the right amenities, etc. 

So for example, a 761 credit score will be in the 760-779 credit category, then going down to 740-759 and so on.2.