Once you have an honest assessment of these expenses you can get an accurate profit and loss projection. 

Good luck, it looks like a serious project!

If you want to grab coffee / talk about the market / see my projects in the works, I'm glad to do that.

Thank you for the wonderful ideas; I will keep you posted as the project comes together. 

I typically use hard money to fund my projects but I thought it would be great to bring him in as a cash partner.My question is how do you set up the partnership splits since he isn’t bringing all the cash, he is just bring enough to really cover the hard money fees and holding cost.  

Even so, they should have a "projected" NNN figure on a per square foot basis.

If your interested in possibly connecting for this or future projects send me a dm with your contact.

Projected income? 

Preferably in Multifamily, but would also consider other asset classes or development projects.

So your friend can be a homeowner at some point but she will need to tackle the expenses and savings first.