If you decide to have some sort of meet up, please let me know.

What sort of rent range are these numbers (Capex/Maint/Vacancy and 10% for PM) applicable to in the current market? 

They sort of fell into my lap.  

Qualifying borrowers is sort of the job of any given lender.  

From my research, it usually costs a minimum of $10K (and sometimes several times that) for a securities attorney to draft offering documents (PPMs and the sort) for real estate syndications, which means that deals below a certain threshold don't make sense to syndication because the cost of legal fees eats into the deal too much.Is this a legitimate pain point?

It is hard to image the concept in California.  

Originally posted by @Jay Hinrichs:@Brian Garrett  plus if this is your first attempt to get a loan from them and you have zero income on your tax returns then I would say no hope at all.I've gotten approved for decent auto loans through them (the last one they approved me for was for over $85k) but I have never purchased a home before or carried any sort of mortgage through them or anyone else.

I am sort of inclined at this point to go with rule #2, not exceed 200% of the sale price, and get more expensive properties or spend more on renovations.Thank you

Can you put some sort of contingency on the offer to protect yourself?

The moment any sort of unhappiness was mentioned, my sales guy disappeared and won’t return my calls.