Let's assume the financials in the package are good for a moment (they probably are not) AND that you either do not or do achieve the broker's pro forma:If you purchase this asset, achieve ONLY the 'current' NOI, grow NOI 2% per year, and exit at a 5% cap at the end of Year 6, you will have a 4.8% unlevered IRR. 

So end of day you are in it for say $305k.

Miami FL mostly for this strategy since rents are so high and land is so high we have 2 infill I'd love to know if you've done this 

In my area conveted garages are highly desirable by buyers because they know it can pay for more than half their mortgage. 

I'm exploring the demand for 3D virtual tours and high-quality real estate photography for both real REIs and (REAs).

End to end, I bought the land, secured permits, got the PPA and IA, SUP, and still own the project.

I don't see any sense of urgency from you, so no one adjudicating this case would either, or end up taking any action!

Hello, my husband and I are currently in the same situation as you when you posted this and I was wondering if you ended up using a heloc to fund your new build?

I’m targeting assets between 25-100 units located in high-growth markets that exhibit strong fundamentals.

Thus creating a monopoly that I don't know how to get out of.I've worked years in this industry from the PM-end and never seen anyone try to bill a percentage off the security deposit and, though a little digging is showing me it CAN be done, it seems like bad business.