I’m looking at my first multi family deal, and was curious how you all underwrite the value add component; ie, what costs are you associating with fixing up a unit and how do you break it down?

I have found, in practice, that it works as a form of socialism.

The tenant is trying to "make" the puppy an ESA, with a letter from his Licensed Clinical Social Worker (but with a gmail account). in the letter, it recommended him to "make compliant to HUD".This is a house as our primary home that we had to rent out.

Hi Jonathan, do your acquisitions need any rehab or value add component, or are they strictly buy and hold?

Get a social media profile and make it all about real estate to attract more clients, take them out on nights and weekends depending on your schedule.

Do you have a social media or online presence?

Did you get her social and birthday?

The Exit Cap
I chose to start with the Exit cap because it seems like a small factor in the syndicator’s underwriting and is often overlooked by many passive investors. However, it’s one of the most important factors...

That will tell you the remaining life-span n major community components and what it would cost to replace. 

This area is active in the defund police and other social measures.