There is a flaw in the business model and thier internal processes need a lot of work.First the good,Yes, I got paid every month.Nomad found me good renters.Next the badDue to needing to make the guaranteed rent they rented my unit below market valueIn communicating with Nomad they were disorganized, often sending conflicting messages and not alignedNomad offered to find me a repair company, that compnany charged $400 for a $25 dollar part and I was stuck with Nomad saying "not their problem" and the vendor saying Nomad was the client not me.Nomad was horrible to my renters as their property management term ended.

Does it look like a modern-ish apartment with breezeways and internal stairs, or is it built like a roadside motel with long walk ways along the front.  

When revenue is low in the first couple of year, so is the interest payment.  

No click-bait website cares if you do or don't actually close, they care that you are clicking and generating advertising revenue.

Hi Tom,Those revenue numbers are wild... they're higher than I would have thought but those three properties are pretty sexy. 

Our clients include many out-of-state and international investors.I’d recommend keeping an open mind about exploring opportunities in the surrounding cities near Indianapolis as well.

Their target audience are professionals with cash don't don't have the time or desire to become educated and are willing to pay/forgo some revenue for a experienced investment relations firm. 

Look at all of the costs and then all of the revenue and make a decision based on that. 

If you want some revenue numbers for similar properties to the ones you're looking at or anything to use in underwriting feel free to reach out. 

Commercial Revenue Generating properties like office buildings, apartment buildings, retail centers, etc (banks call it "CRE" lending) are typically evaluated from their net operating income, not gross.