Here is what one of my 4 AIs say:The commission structure detailed in the image for a real estate transaction involving a property valued between $30M and $40M is as follows:Under $34,000,000: 1% (0.50% per side)$34,000,000 - $34,999,999: $400,000 ($200,000 per side)$35,000,000 and above: $500,000 ($250,000 per side)To evaluate whether these commissions are fair for a 112-unit apartment complex valued between $30M and $40M, let's compare them to typical real estate commission rates for large commercial properties:Typical Commission Rates:For commercial real estate transactions, commissions generally range from 1% to 3% for properties valued above $10M.

That being said, most lenders will require at least two years of W2 tax returns to verify income and assess risk when granting a loan, so acquiring finance may be complex. 

Purchase price: $9,850,000 Cash invested: $100,000 96 unit apartment complex located next to Baylor University in Waco, TX.

Being a landlord is far too complex, far too time consuming, and far too nuanced to do out of state even for many experienced investors, let alone just starting out.

Hi I own a rental apartment in an HOA complex that is rented out to a person who is part of state funded DDS program.

Plan right now is to convert these rooms into micro apartment complex. 

I remember when I was starting out, deal analysis felt like trying to solve a complex puzzle without all the pieces.

These are more complex legal structures that can provide even more protection than a traditional LLC alone.

I I would speak to some more attorneys because this is a complex situation.

However, if your property is larger or more complex, the cost could be higher.