If the numbers work for you and your investment goals, it is always a great time to buy.You never know what tomorrow holds, so make your decision based on the information you have today.

Main goal is to simply expand my network and nurture new relationships in the industry.

Hey Larry - Aiming for a minimum of $250 cashflow per door is a common benchmark.

Over-inflating closing costs is good and should be a common practice for LOs who don't know what most of the fees are upfront because its very true that things such as title, taxes, prepaids, etc. are all unknowns.

It's not common (because audits are rare), but this type of reclassification does happen and is messy when it does. 

The previous owners had inherited the property and realized they were in over their heads managing the apartments.Long term goal is buy and hold for cashflow.

Is this a common procedure following an upset sale?

Once you're ready, create a goal (e.g.

Consulting with a qualified professional can help ensure that you make informed decisions aligned with your financial goals and retirement plans.

However, it's essential to consider other factors such as the potential for future appreciation, rental income, and overall investment goals.