That rent credit program by Sun sounds like a potentially good model.

I had already moved on from considering this specific property, but I am trying to use it as context as I get deeper into the process.I don't think it's "shady," just a specific business model that may or may not make sense for me.

So the more agents they have, the more money they make.When it comes to choosing the right broker for you, I would make the decision based on your investing goals, your goals as an agent, and your current budget.If you are are looking to do buy & holds and not wholesale, it should give you more options, as some broker don't like the wholesaling model of business.

He said no way, no way it can be so dirty.The whole point of all this is the units were installed the same way, same model, same manufactured sate, same installed date, with identical filter housing and identical closet size and doors, using the same filters, same apartment location, same apartment square footages, different tenants. 

If he is using the money for his business it is still a lot and there are likely other risk factors in his model that you need to be aware of before investing money with him.  

Im trying to set up a model that calculates Project Profit Margin (unlevered), Project Return on Cost (unlevered) and IRR for the problem below:It's a condo development that has costs for 32 months then one lump sum of revenue once construction is completed.

I want to build up a large portfolio of rental properties and possibly in the future look into some other models like flipping/rehabs/etc. 

@George RodriguezDo you know what rents go for in the building for similar models?

And while you might think that doesn't meet your business model giving up a deal, if you went down the path of taking advantage of the situation word will get out quickly about your business practices.

Who can tell me about RVM? Does it provide a more accurate estimated property value?How does it compare to an actual appraisal?