The difference in Year 1 until it gets re-assessed is just extra gravy. 

Hi, I recently purchased a 3 bedroom 1 bath on the north east side of Grand Rapids, MI.

Your investment approach also makes a difference.  

Also email quote is different then what it shows on website.

Everyone in NYC / NJ wants to come over here to invest, and there is a ton of uneducated, out of state money that is driving prices up rapidly here.

Chris SeveneyWhere real estate investors of course can increase it is if they are more active in investingThat would be the difference of course.

Don't know anything about them but per my calculations they are taking 27.2% of the capital appreciation on the New Braunfels deal at the end per their projections which seem optimistic in this oversupplied environment, (Austin MSA with largest new multi-family projects coming out this year in the country ,8% of total existing stock and already seeing rent rate declines of near 10%in the city so far) and they are taking a big chunk of the monthly cash on cash as the preferred payouts for their 3 different classes are well below the projected cash on cash total.

There's a reason why there are so many almost identical real estate skip trace services out there with minimal or no difference in their offering or pricing.I began researching skip trace data and services in 2014 and started Skip Genie in 2017.  

Also, different points of view and different objectives make for a healthy market (and an interesting discussion).

I've done this for most of 2023, in 3-4 different notes and plan to continue in 2024, with a similar amount of capital to you.