The OR permit and MJ industry is still young and going through growing pains, I’d expect a lot of small time growers to get squeezed out by larger operations in the future.

I'm hopeful that the new appraisal come in higher next week or two, but I don't know it will match my expectations. 

Expecting rehab cost to be about $25-$30K.

So first off the property is vacant and is a project property I expect to put $70k into fixing it up.

Take CREI for instance, 3-5 years ago nobody dared to think outside the SFR/seller-financing/wholesaling/flipper box, now multifamily is becoming everybody's gig.Thus, let us stay nimble, practice, learn, grow our network (PM me ;-) ) and expect to gradually change strategies as everything changes.

Im defintley expecting to put a lot into the renovation although i have not decided on a contractor yet because i want it to be a solid home i bring him to.

I did review schedule B exception of title  with my attorney in my last commercial deal (although it was general warranty deed). there were like almost 3 pages listed in schedule B on that one. although I don't quite remember what were the rationales my attorney explained, I do remember the conversation went fairly smooth basically being told those were all fairly standard and common exceptions he expected and nothing to concern with...the broker did say I can ask for general, but I'll get countered 100% with special by seller.

Work, work, work then the money will always come even if it’s a month or two later then expected, be grateful you are making a commission at all, it’s not easy, it’s cut throat and competing against other agents and getting sales should be your main concern.

Does anyone know what the expected cap rates are on the newly a-b class apartments are?

How do you expect to get any of your cash back?