My favorite book for numbers crunching and modeling is David Geltner's, "Commercial Real Estate Analysis and Investments."

I have a business model and plan, I’m a little confused as to the timing and purpose of the LLC, some saying “you only need it when you have assets”, hmmmm?

I was just asking because I did some modeling with the assumption that the Valuation is solely depending on the NOI and average cap rate.

Scratch out some cashflow models and see what make sense.

It really depends on your business model and what you are trying to do.Hope this was helpful :)

:D But you're right, and I appreciate that you shared an outlook I'd like to model.

Knowing these different scenarios and possible outcomes is helping me model and analyze this investment.

Most of the cards, you must wait for physical delivery of the gift card.

Keep in mind it is intended for a wide audience of 3D Modellers, not just people designing homes, so it it might not be streamlined for most people.

It is a different animal for sure but certianly has its benefits over singles as you can grow much quicker.With that said, I highly recommend starting with singles and 1-4 units until you get really comfortable and start to define your business model.