This gives you the chance to do any work needed and/or stabilize the multifamily so you can get optimal terms for your perm financing.  

Is there debt on the property or are you doing all cash?

so he has an initial negative equity in excess of $100k.so -$100k / (a very small cash flow when properly allocating for expenses and vacancy) equals years before there is any cash flow.  

I’d love any insights on next steps.

I'm curious, have you run into any insurance issues? 

The vast majority are not there and don't have any prospects of ever having such. 

Pick the comps.....if there are questions, explain them.  

I don't anticipate any issues, but you never know.

There are typically two types of syndication.

The Meter Save program was discontinued in Chicago in 2022 and it seems there are no viable options that I qualify for (I’ve looked at the department of waters options and I don’t fit the qualifications).this feels like I’m getting ripped off each month in the bill and am really needing support here.