This is also something the buyer arguably should have discovered during due diligence so that may complicate things.

We invest in Madison County which is comparable, arguably slightly more expensive in the good areas, but in my opinion better appreciation.

They want to make it a sodosopa  https://www.morningjournal.com/news/lorain-county/...Next, they're rehabbing the historic buildings  http://www.chroniclet.com/Local-News/2018/07/17/Lo...Lorain recently got a giant dredging contract from the state of Ohio, this is going to bring in a ton of money https://www.morningjournal.com/news/lorain-county/...Republic Steel has reopened in Lorain, bringing a TON of jobs back to the area (arguably the reason that the city was in decline)  https://www.wkyc.com/article/news/local/lorain-cou...Save-A-Lot and Domino's are committed to bringing the area back https://www.morningjournal.com/business/save-a-lot...AND if all that wasn't enough, you can find a ton of duplexes and single fam's for sale right around 25k per unit which is really sweet considering the rents in the area are 500-700 easy per unit and property taxes are super low.  

I'm sure you are already aware, but Uptown is arguably the most desireable multifamily rental neighborhood in the Twin Cities, so don't be surprised if you have to pay a premium over other Minneapolis neighborhoods to get a bid accepted.

Arguably one of the barriers of entry for private capital into our mortgage market.

For short projects the time between contract date and funding could be around 25% of the project's duration...so the ROE calculation is heavily influenced by what dates you assume.Taxes shields are arguably something you can model, but the gov-mint can change them and their effect is influenced by future purchases.

Cash-on-Cash is arguably the longest standing financial metric utilized to assess returns on income properties.

****Like I mentioned above, the experience on the sponsorship team should include:-Property management and/or asset management experience (arguably the most important part, since the real work happens during the business plan and this can make or break the deal)-Financial and/or underwriting experience -Multifamily experience -Construction Management-Capital Raising experience with connections to capital -An SEC attorney with experience doing syndications-An insurance broker with relevant experience -A mortgage broker with relevant experienceMight be forgetting something, but that should cover it.I hope that helps!

We will invoice you a mentoring fee 😉 Personally, I would consider paying for a mentor if I was trying to transition full time into a difficult space like multi-family syndication or something (arguably you need coaching & mentoring to be successful in that niche) but if you’re new in the journey and still finding your way (deciding on a strategy) you will find so many people are happy to share their knowledge & experience.

One of my properties is quite small (only 1100 sq ft), but it feels and functions like a MUCH larger house--I've been in 1800-2000 sq ft houses that feel much more cramped.The best way to familiarize yourself with property grade is to view a LOT of properties in a LOT of neighborhoods (just looking at photos isn't enough, because photos do a poor job of conveying the quality of the location--which is arguably THE most important factor).Good luck out there!