Or see if there are ways you can improve expenses since Cashflow can be improved by lowering costs or increasing revenue.Personally, I dont have enough experience to guess. 

You will need to make sure weekly, monthly, quarterly and annuals goals are met, vacancy is kept to a minimum by either increasing your renewal rate or always marketing, keeping a tight watch on all R&M/capex as well as managing your cash position. 

I just renewed my first lease and gave the tenant the option to renew with a a one-year lease /2% rent increase or two-year lease with no rent increase. 

I like how his analysis of demographic trends point to sustained/increased demand for multi-family and rental properties in the future. 

Unlikely you'll be able to increase the price and get the seller to commit to paying them. 

@Ron Willbanks I've seen people do it for state of mind and also to partner with others so that they can each invest half of the minimum in double the number of deals (to increase diversification) but, as others have said, it's not necessary if the Sponsor structures efficiently.Unless you have a special circumstance, it's kind of a waste of money.

As the rental market stays hot the rates are increasing quite a bit year after year.   

I’m in a 506(b) on the GP Side right now & other than the ability to advertise under 506(c), one reason one wouldn't go with 506(b) and accept Sophisticated investors is increased liability.We feel comfortable and run a tight ship so we’re not too concerned; However, our SEC attorney has drafted all docs (operating agreement, subscription, & PPM) and has encouraged us to have the PPM be a more robust version because we are allowing sophisticated investors to colloberate. 

I performed considerable diligence on this and forwarded my findings to the investor relations dept at ABC.

I have a financial adviser but he's a stocks/bonds/etc. person, and I don't want to increase my holdings in that area of finance any further, so I don't really know what kind of person to look for, for advice of this nature.