Bottom line, pick a broker that matches your business model.

Property taxes are higher in NH, but you simply build the taxes into the financial model when you analyze.  

Hello,I was offered an opportunity to invest with an apartment developer.So I would pay $100,000 for 4% interest in a 12 unit apartment build in a Limited Partnership.I have just had a rental unit, so I am not sure about LPs...The developer sent me this:When constructed in two years, the LP will refinance the project.

However, that model is not of an investor, nor even a speculator, but of an intermediary.Time will tell whether all parties associated with the seller side were satisfied, however my guess is that the money was well earned. 

That will drive your rent net of economic vacancy and thus will be the dominant factor in your whole financial model.  

How many steams of income can I generate with your model?

This is totally a model match for seller financing.

I always subscribe to this model but would emphasize it for others given our position in the current economic cycle.

If instead they are a bunch of tenants with broken business models that the seller stuffed in there just to sell then you should stay away.The fact that the lease rates are much below close properties makes me suspicious. 

I know there are books that try to teach business how to apply that same military model and how to make it work.