During the presentation, they start calling everyone in the room one by one to the back room to sell you an expensive program.

Some places have legal requirements for present a tenant with a reason for rejection.I found it is best practice o always give your applicant some type of rejection notice.

Hey Jaycinta,for me as it stands unless something is missing this deal wouldn't pass my tests. a few reasons. i personally am looking for 10% cash on cash minimum. i'm also looking for some sort of value add, either the purchase price could be great, or some units would need work to increase value or rents would have to be low and you could increase them. from what you've presented it doesn't seem to have any of these abilities. a few other things to point out, very rarely would a new to you place really need zero dollars of work. think paint or carpets, or landscaping or anything like that even if a large rehab doesn't need to take place. additionally i think if you shop around you could do better than 5% for your mortgage. 

There are outlet/switch covers missing which screams 'deferred maintenance'.

. :)If you do go over that $500K limit and if you want to also defer recapture of the depreciation you can always combine a 1031 exchange with the 121 exemption. 

If you do a 1031 you'll defer all tax on gain and the 8 years of depreciation recapture.

I know that there are a lot of real problems that could be present like getting the down payment, figuring out the market, etc., but you won't learn the market overnight, so pull then trigger on the easy one and immediately go to work on the second. 

Dispositions focuses on off-loading a property from our portfolio to a buyer and includes, but not limited to: follow-up calls (scripts are provided), showing the home, being present at the close.

That gives me the total interest due until the present day.You simply add up all of the principal amounts and all of the interest.

Hats off to the PMs that present and sharing knowledge on BP.