Hi guys, new to BP and real estate investing.

I mean just look at where you personally live.. top ranked schools have the highest priced real estate 97.3 % of the time.

The offering is real estate fund, from fund 1 to fund 5, last availabl fund is fund 5.

I know it depends on asset type and area but I'm assuming that number is prob for SFHs.

Quote from @Faris Wright: Have you read "Long-Distance Real Estate Investing" by David Greene?

Hey Katrina,Your dedication to learning about finance and real estate investing is commendable, especially as a single mother.

My name is Chris, I'm just getting started on real estate investing... like from square 1 sort of starting out.

I just completed a full zip code break down on my podcast of every investment zip code in Memphis called The Investors Guide to Memphis Real Estate.

Not to mention that all their ROI calcs depend on cash flow of course so long term return calculations also fall apart. 

Expense ratios vary dramatically depending on project size, age and other factors, but basic rule of thumb is the smaller the project the higher the expense ratio's, using a 33% expense ratio for a small facility (less than 150 units) is optimistic, smaller facilities are probably closer to 40%.