That should be a discrete cost line item and factored into the ROI, as most of these costs will be capitalized I imagine.

So things that are red flag for me may be fine for someone more aggressive.1) Portfolio matching: (takes 30 seconds per deal)a) Have an educated opinion on where you think we are in the real estate cycles (financial and physical market cycles)b) Then only then pick the strategies, capital stack, and specialized asset subclasses that make sense for that opinion.

It can be possible for the appraiser to come in at $1.5M from the Income Capitalization approach and $1.3M from the Sales Comparison Approach.

Hello all, I am starting my real estate investing journey and have capital, some knowledge and a lot of drive.

I'd like to get my down payment capital back from the purchase and buy a couple smaller properties with that. 

No more illegals needing housing  :-)  That said ,,, perhaps   Trump was pushing so hard for the Steel tariffs since his family has accumulated a s__t load of properties in Pittsburgh ,, Steel capital  USA  , again just kidding .. but ........

I've saved up what I believe to be a good amount of startup capital and would like to jump into my first deal.

I have a link to a national online interactive map that overlaps with the QOZ areas.

The cap rate is not what level of return you are willing to accept, it is the level of return that the market currently demands to deploy capital.

@Derrick Gordon I have found it helpful to calculate it as a "Cash Purchase" then calculate all the costs of the capital and enter it as a monthly payment in the Other Monthly Costs section.