Bill back for utilities on a flat rate to help recoup some of the costs3.

What’s the CAP rate there for SFR and commercial?

Fast forward to yesterday(appraisals are done, waiting on underwriting) after a text from the realtor about signing a document that says I'm okay with him representing me and the seller, I called him and brought up the fact that I'd looked over the purchase agreement and the rental agreement and nothing was stated about the rent increase, but it was clearly stated that ALL rental income even prepaid rents (the warehouse was paid in full up front) would be prorated to the buyer (roughly 2200/month)I'm at a crossroads on what to do, part of me wants to just ask for earnest money and appraisal fees back and walk away, but the cashflow of $2300 (current rents not counting warehouse) on a $105,000 property just seems to appealing to walk away from, what do the more experienced investors than myself think

Interested rates are too high right now, though. - Would pivoting to hard money lending make more sense for my current situation?

Just an opinion now that cap rates on NNN are still pretty low. 

The appreciation rate in Columbus has been 8% higher than the national average over the last year.

So all depends on your goals.Syndicators like to syndicate bigger deals because points and fees are more. 30 million at 2 upfront fees charged is 600,000 dollars to a syndicator for one deal.

Just make sure you have ran comps for the rental rates on the new builds, and get quotes from multiple contractors, because building prices are always changing. 

Imporant to note:The loft has a 3.25% interest rate, but I have no desire to live there again.

See attached Excel summary sheet.Investment Highlight89% Physically OccupiedSupply Index in a 3-mile radius of 6.8 SF/Capita, 5-mile radius of 7.7 SF/Capita, and 10-mile radius of 8.3 SF/CapitaAdditional Income generated from 4 mobile home lots and 1 mobile home (Not Verified, as thus not included in underwriting assumptions)Key Underwriting AssumptionsDown Payment 25% of Purchase PriceEstimating a CAPEX/Repairs cost of $150,000Estimating Operating Reserves of $10000Stabilized Vacancy and Concessions/loss to lease at 10%Using a cap rate of 7.23%Key Demographic DataTotal Square Footage 21,130 Supply Index: 6.3Population 3,338 1 Yr.