I had a deal in front of me and need help determining if this is a good value....It is a low cost low income building.I have a break down of all the numbers but I’ll just throw out the basicsGross rent is $234,000 on an upward trend producing closer to $22,000 a month last 4 months, seller has been clearly cleaning things up a little before sellingThe balance sheet that they gave me shows $98,000 NOI but they do not have property taxes listed and makes me wonder what else that they left out..But either way that should still keep the NOI above $90,000The asking price is $800,000Looking for advise from some experienced investors Thank you

I just want to know if numbers like that might work of what else I should be looking for.

You're going to have to get a property under contract with a long enough time to do all the things that the crowdfunding website will ask of you.Typically crowd funding websites have minimum loan amounts so make sure that your property is above this minimum amount.Something else I would look for are private money lender or equity partners. 

However, everything else about this property lines up very well, and I want to pull the trigger or move on asap, since I've already analyzed it forwards and backwards.Here are the details:625k PPcurrent monthly income $5,600, annual income after expenses (utilities, taxes, maintenance, repairs) is 46k, which would cash flow after debt service, but not a ton.However.

What else should I look out for?

I would have my house mate tenants let me know in advance of minimum 1 week if you have guests over and require that they let everyone else in the house know as well.

Besides the obvious higher capex percentage I should keep in reserves, what else should I consider?

Wouldn’t supplemental insurance cover anything else that Airbnb’s insurance doesn’t cover?

You need to pay capital gains tax on the difference between the sale price and your basis regardless of whether or not you invest it in something else. 2.

Do not take a cheap route.What you might do on the stairs is to install a different color from the same product you end up using everywhere else.