Sounds like you're well on your way to success in the field. 

Place is on the market for your price and if it sells, then it sells and if it doesn't then it cashflows.I think you are very smart for asking questions and thinking about scenarios, but based on what you've listed, assuming you've done all your homework and they accept you offer, it sounds like a good deal and I would be less worried about a worst-case scenario.Best of luck

Hey Everyone,My team and I are in the negotiation stages of a 126 unit apartment deal and the seller is asking for the following conditions:1.

It may sound nice to pay a 5% management fee but the extra fees can add up to be more than the other company that charges 10% with no add-on fees.

There are other reasons it may or may not be for other investors, but for me at this stage in my investing career, that's the primary metric that matters to me. 

@Rich Czapkay sounds like a nice plan and I'm sure Texas will be much more affordable!

@Shelby Ek Sounds like the high demands go hand in hand with the best rates.

Sounds like a good market to be in. 

Sounds like I'm about to be a new daddy or something.

Thanks for sharing. 30 days definitely sounds like a good, safe number to put down.