This is one of the deals I am looking at it's an 18 unit family unit apartment complex in an excellent area where the rent's similar will go for higher.Here is the deal:Asking price: 2.8 Cap Rate: 6%Avg monthly rant of all 18 rental is: $1200 * 18 = 21600 a monthYearly revenue of $259,200Vacancy: 5% (12,960 ) - I know this is lowNOI: 246,240Exp: $74,000 a  year (30% of the NOI) I know this is low as well. 

Both excellent states. 

@Reinhard Kurzen Andrew Greene at Perkins Coie is excellent, but on the higher end of the spectrum as pricing goes.PM me if you'd like.

It has excellent schools systems and investors are competing with home buyers for deals that are not full rehabs. 

I was the one to stage the home, used a professional photographer that was excellent and I was the listing agent.

Paid $189, monitoring service around $29 per monthAlso used a home sitter twice now, also worked well as long as the property is rented within a short time frame, otherwise its a killer.Better still.... get a long term, excellent tenant, perhaps rent slightly under market so you have choice.

Tri Win will take an excel list, like property radar does for us @Sean@Sean OToole, and send them all out for you.

Personally, I learned the most about underwriting by creating my own custom cash flow calculator in excel and then underwriting live deals.

There are others that do enough volume to create some excellent economies of scale, take smaller markups, and make up for that in volume.Like the song says, "you better shop around."

There are better deals, with more equitable fee structures from reputable sponsors with a history of excellence.