Plus I want the units to attract lots of applicants and the reputation of the building in the past is very bad.If I keep everything at the minimal then I will get minimal rent and have minimal applicants to choose from.I think that how one controls the damage to the apartment is mainly by controlling who one rents to...and eliminating carpet, putting in door stops behind each door, and using good paint!

Loopnet has the reputation of being the place where deals go to die. 

-Same with repairs-Insurance is likely to be higher if you are working with a reputable company and buying appropriate coverage-PM is typically higher than 10% once you factor in leasing fees, lease renewal fees, and other charges-Closing costs I have no idea on, so you might actually be correct there.

The numbers look conservative and the guy has a stellar reputation.

Hi,I am looking for a GC for a full rehab in Fountain Square.First property will happen ASAP.Does anyone have a reputable GC they can recommend?

You will not earn loyalty from agents or get dibs on any off markets building a reputation like that. 

Then start looking for local professionals who have a great reputation and can help you accomplish those goals with this property. 

But if you research the company on here and elsewhere you will find that they are not reputable at all. 

@Alissa WarrenYou build a reputation and start networking with those with capital.

with cardone, you are paying for his name, "reputation", "image", and his marketingother GP groups don't have that overhead to payjust my opinion...