@Royce Hodnett I second the book recommendation by @Michael Le - Multifamily Millions by David Lindahl.I would also recommend that you read "Wheelbarrow Profits" by Jake and @Gino Barbaro - they also have a very good web-based "Deal Analyzer" that will help you in the beginning stages of your underwriting for these deals.

The ability to look beyond the obvious and see the opportunity or potential (e.g. in a property or a market or a financing arrangement). 

We are in the beginning stages of raising outside capital (we are using only our own money + hard money loans for now) and are trying to determine how to cost our fixed overhead costs in terms of LP fund profit.  

For properties that are having non-emergency work done, especially if it is something for the convenience of the tenant, and the tenants are highly functional adults, I am fine with having the contractor make arrangements with the tenant - especially when there's not a "nail-down" time, like often happens with HVAC.

I'm located remotely so networking face to face is not an option at this stage unfortunately.

I don't want to make payment arrangements due to the fact that I am pretty sure if they pay the remaining rent on the 15th, they will be late for January rent because they won't have money and I'll have just lost time.

@Preston Miller, regarding "compound interest", it depends on the arrangement you have with your clients.

You also want to get a feel for what a hard money loan will cost, because that will determine if a deal even makes sense using HML When you go to look at property you can give HML a back of a napkin a gestimate and they can tell you what they think.After you do your due diligence you can give more accurate numbers.Your arrangement with GC is really between you and them.

At that level you'll also want to stage the property, so add another 3-5K for that. 

I’m currently in the beginning stages of wholesaling