The micro trends like Detroits growing suburbs are not illustrated.

Matt, as I recall, the HUD site has the legal/acceptable room occupancy on a table illustrating square footage and volume requirements (like average ceiling height of 7' for floor space to be counted).

This meticulous documentation not only encapsulates the financial narrative but also orchestrates a compelling argument for lenders, illustrating a consistent and robust fiscal history.In this paradigm, I find myself at the crossroads of advancing my real estate journey, cognizant of the pivotal role that meticulous financial documentation plays.

I agree with the move in fee and not handling security deposits.The following article illustrates the point as well as the point to treat your tenants well, especially in Chicago!

@Brian Burke your post here is such a great illustration of the multifamily syndication strategy (especially with the chart!).

this is a good illustration, of course, every kitchen is different and it is not always possible to achieve this goal

We did meet with one attorney and I would like to illustrate why it's important that the legal information comes from an investor specific attorney.

In finance and accounting we look at a "Quick Ratio" (also known as the Acid Test) this shows the ability of a company to meet obligations, but this only looks at current assets or liquid assets and current liabilities, real estate is not a liquid asset.So we move to other ratios like "Current Ratio" and "Cash Ratio" these to help to illustrate the ability of a company to cover current debts.As to mortgages or long term debt, coverage is difficult to predict due to uncertainty over longer periods, but by looking at the current coverage and cash available we can see what funds remain for these other obligations.Most everyone is familiar with the debt to income ratio we suffer through at a loan application, say 24/36, meaning that you should not pay more than 24% of your income to current liabilities, revolving accounts and car loans, the 36% includes the 24% to establish your ability to cover the mortgage, total debts should not exceed 36% in this instance.

You would be better off, IMO, if you at least had a plat survey and used that for a before & after so that a person in the Zoning Department could see an illustration of what you are trying to do.

@Peter Nikic, excellent illustration.