Creativity and knowledge of the capital stack is a key part of PE/syndication.

John, we used Placer.AI to buy ST NNN retails in my previous PE.

For instance, I launched my PE to buy CRE 3 months ago, so technically I am unemployed/self-employed (so W-2) but I closed on two $3 million deals and working on closing 3rd one because bank looks are assets' risk metrics.

I have a similar scenario I'd love some guidance on:2 Story , 3BR 1BA, 1100 sq ftColorado Springs, CO areaComps coming in at about $160 - 175KRents at about $1300-1400 - however it will be my primary residenceHouse needs at least $50K of foundation repair - owner has estimates from over a year ago, further deterioration sinceI estimate another $5K for collateral damage and fixing unsafe/non compliant electrical issuesHaving a PE do a foundation, mold and home inspection this weekListed for sale at $140K has been in MLS for 6 monthsFHA short sale finally approved Listing agent just informed me it should close in 30-60 daysI'm a cash buyerBackground - house is unofficially on the market.

I will send you an example of PE Org Chart. 

@Rick Baggenstoss, I am acquisitions manager for a regional PE in Atlanta. 

CAP rate has been debated so many times.I hate debating; so I am going to simplify the explanation.Think of cap rate as P/E ratio; when purchasing a stock .eg. 17/1 P/E ratio on a stock means you are paying $17(P) to buy a dollar(E) return from the company.

An update on that: finding PE water jobs out of state is proving extremely difficult despite concerted efforts. 

It might be like looking at PE ratios on stocks.You might get a super cap rate on a $50,000 60 year old house that rents for $750 in a tough neighborhood...or 8% on a newer house in a hotter neighborhood with great schools that will appreciate more.CAP rate really is a way to compare income returns on properties with different prices and different rents.  

@Mario BoudriasThere is a Canada-wide forum with a sub-forum for each province (NL, NS, PE, NB, PQ, ON, MB, SK, AB, BC) and territory (NV, NWT, YK).I tried to convince our U.S.A. hosts that it was overkill and the Maritime (even Atlantic) provinces should be grouped together, as should the Prairies and the Territories, but everyone has their own sparsely populated forum (much like the population distribution across the country).