There is a reason that A-class properties have a small COC rate, because they give SECURITY, reliability, performance, and equitable gains.

As a LP, they made good on their pro-forma that you originally signed up for and probably out-performed that.  

Seems like there are several companies that perform this service, and would be interested in recommendations. 

Don't pay the first and the first will foreclose on you.I have bought a non-performing 2nd.

Hopefully it performs well.  

If the building was vacant and I needed to perform the rehab all at once, that would be one thing, but I can upgrade each unit as tenants move out. 

Owner-occupied loans are a fantastic way to reduce your capital invested and boost CoC but don't expect to refi into an investment loan after only a year unless you put significant work into the property.

Just to piggy-back on my recent post, here is some fresh news about Commercial real estate performance in Florida:NAR’s top 10 metros with the strongest commercial markets in 2Q 20211) Las Vegas2) Cape Coral Fort-Myers3) Port St.

@Miles Thompson When we have done major renovations like this, we utilize construction mortgages through our mortgage brokers which give us the funds to perform thw ork in draws.

Outside of showing them a report of the numbers and performance, what would you suggest I do to make myself more "lendable"?