Some want you to have $15-25k (depending on the deal) in the bank before they will fund you, others will charge you an astoundingly high application/origination fee to get the process started, others only fund LLCs, while others want a portion of your profits.

Its not like a bank loan were interest is charged on borrowed funds.. some of the bigger WEst coast HML because of massive competition for borrowers are having to resort to only charging on extended funds. 

I charge $50 across the board.

You realize you have to repaint and replace a carpet or two to continue to charge a premium.

Outreach-email those people who are in charge of the websites and tell them about your new content-don't ask for a backlink, just let them know something is better out there.. and if it really is better, they will backlink to you!

It helps to be familiar with vendors too, my rule, ignore small unknown sources for maintenance receipts/charges as many play games, larger reputable companies will have more standardized pricing.If you can determine vacancies from lease files, good, but still be careful for leases that can't be verified by lease receipts/deposits.

The janitor expense seems interesting as well as I am not sure who charges $33 per month to clean a common area...Here is what I would guess the building really looks like:Gross income minus 10% vacancy factor= $148770NOI using the 50% rule= $74,385True cap rate then would be 11.4.

Charge an application fee if needed to cover your expenses for this.- rental application- promise to pay notice for residents that pay late- notice letters- eviction letters and legal documentation- unit inventory sheets- unit inspection forms10.

They will want to be in equitable position and/or charge a high interest rate due to the risk.

However, they make all the bottom line decisions like who to rent too and how much to charge.