Meaning - having a mortgage broker look over their situation so you know EXACTLY what they need to do qualify by the end of the L/O term. 3.

Review your P&L for what might be misclassified, misposted, personal expenses, etc.  

Quote from @Leslie L Meneus: I am in need of a mentor to help me close my first deal (as soon as possible).

@Jordan NorthrupHoles I see are you have allotted for 100% occupancy (no vacancies ever) and your expenses are very low on a C quality building.Ask the PM to show you the P&L on the property for the years they have managed it.

Samuel L Jackson would say to go with a STR MF.

Also if you can find an off market property like @Taylor L. mentioned then even better, but I wouldn't worry about getting the perfect deal right away.

Quote from @Kimberlyn L Moultrie: can anyone tell me if they’ve experienced this before.. or if this is common.. so I am getting a property under contract, great.

@Nicholas L. yes, this harvard data is a great help, exactly what I'm after. and interesting article, Amherst must have had an insanely profitable 2020-2021.

The 1065 K-1 (Part II) identifies the Profit/Loss/Capital percentages owned by the partners, and you can adjust these items to tailor the P/L/C to the particular operation.

@Elizarica L.