Given your time constraints, you'll want to spend a lot of upfront time figuring this all out, to avoid even more time spent in the future trying to fix a mess if you choose the wrong people to deal with:)PM us if you'd like to discuss more about doing this the right way.

You will likely meet some real estate agents that would be more than happy to sign you up as a client for a somewhat extended search (to be your agent when you are ready, to get you signed up, send you potential opportunities, etc.)

Will be looking to read again in the near future. 

I would be pouring a lot of effort into underwriting with the potential to acquire the property.Since I have not seen Cap Rates on commercial properties anywhere near that, I assume you may be referring to a single family, duplex, tripex, or quad.

In that case, you have to break down the rents vs. liabilities, show that the mechanicals, roof and everything is in good shape or have reasonable repair costs laid out, you need to know the appreciation potential, and the comps.

Most of the investors I deal with typically expect 22-30% return like @Greg Kasmer said as well depending on the area, using this formula (purchase+rehab)/ARV as a very basic formula to calculate returns.Again 10% return is not the best so look for more profit in the future.

This makes it easier for landlords to find tenants and generate steady rental income.Favorable Landlord Laws: Florida has landlord-friendly laws, which can provide landlords with more control over their properties and make it easier to manage rental units.Tax Benefits: Real estate investments in Florida can offer various tax benefits, including deductions for mortgage interest, property taxes, and depreciation.Appreciation Potential: While past performance is not indicative of future results, many areas in Florida have historically seen strong appreciation in property values.

Here are the key points:Reasons to participate in the capital call:It may allow the property time to stabilize and potentially sell within 24 months at a better price, avoiding a significant loss of LP-invested equity if forced to sell now in an inopportune market1.The additional capital can cover costs like rate caps and allow renovations to resume, which could help increase revenue and better position the property1.The operating agreement likely outlines the terms of the capital call that LPs agreed to2.Reasons to be cautious about participating:Capital calls can indicate the investment is not as sound as originally thought and is potentially at risk2.There is uncertainty around whether the additional capital will be enough to turn things around, especially if interest rates remain high and the market stays challenging for longer than expected4.LPs need to carefully consider if they would invest in the deal now based on the current facts, rather than just trying to avoid a loss on their initial investment4.Other important points:LPs should review the operating agreement, seek professional advice from their attorney, and ask the general partners detailed questions about the capital call2.If an LP is unable to contribute to a mandatory capital call, they may be considered in default and only entitled to the return of their remaining capital account balance, with no further distributions5.In summary, whether an LP should participate in a capital call depends on their individual assessment of the risks versus potential upside after carefully reviewing the deal specifics and getting advice from professionals.

This is an old post but I wanted to chime in for future investors that stumble upon this.

In the future I will probably add the card in addition to keeping the coin to cover all customer needs and provide better tracking of machine usage.