Curious if 25% is standard or are you charging more than the competition?

5) Consider meeting with a few agents in your area even if you are just getting started!

I come from a data science background, so I'm accustomed to creating models to derive the incremental ROI of each variable.I hear some people saying "get the $10,000 hot tub", and I get that, especially if it's a "table stake" that your property needs just to be considered by guests.However, when thinking about less standard amenities, like putting greens, gaming rooms, billiard tables, pool toys, etc. what tools or methods do y'all use to evaluate if a given idea will deliver a positive ROI?

Keep educating yourself before you dive in so you can really set your standards and not get your hopes too high up.

Then they lower it a little (still not enough meet on the bone for an investor) But in my opinion, I think they are trying to get home buyers to bite on the properties before they decide to sell at investor purchase prices.

If anyone has any suggestions, they would be greatly appreciated.Hey Mooyoung, there are lots of great multifamily deals that meet the 1% rule around the Linden and Hilltop area. 

There are about 10 meetings each month where you can meet others. 

The best way to explaining this is for you to download an IRR calculator spreadsheet or build your own simple one and play around with one.For what its worth most deals I deem meeting minimal IRR standards is 13-15% but you have to dig a little deeper to uncover the real placements of cashflows and capitalization events... and then dig even deeper to verify the assumptions such as occupancy, rent increases per year, and what reversion cap rate was used.Again I don't look for IRR cause its manipulated a lot instead I look at total return on a 5 year basis.

Regular 1-1.5hr long phone conference meetings with two specialists that were assigned to us (and we still keep in touch with as questions arise to this day).

@Angel Ramosdon't 'look for' a mentorjust go to REIA meetings - network, make friendsgood luck