It is my understanding that using an independent mortgage broker is beneficial in the following ways… They shop your credentials to many (up to 30) different lenders to get you the best rate Lenders will give them (the broker) a better rate than they would give you if you walked in and applied yourself Mortgage brokers are paid by the lender and in most cases are free to you Are these points accurate BP?

I estimate on the low end for quick fills.I would estimate on this...assuming the rents you listed are accurate with that list price, you will be close to paying the same as the other renters...about $1000 out of pocket per month on this one.

The broker you're working with to buy into the DST should be able to offer guidance on thisAdditionally, I would consult with a CPA- you're going to need accurate continuously tracked basis going forward as you will likely have to do another 1031 into another DST at some point- most aren't held incredibly long term. 

.• The tenant should gather evidence of the substandard conditions (for example, photographs or videos, statements of witnesses, inspection reports) so that the tenant can prove his or her case in court. • The tenant should discuss the case with a lawyer, legal aid organization, tenant program, or housing clinic in order tounderstand what the lawsuit is likely to accomplish, and also the risks involved.Resolving complaints out of court Before filing suit, the tenant should try to resolve the dispute out of court, either through personal negotiation or a dispute resolution program that offers mediation or arbitration of landlord-tenant disputes.

As students we don't have a lot of personal finance to get started, so since we are going to be borrowing i want to ensure that our numbers are as accurate as possible to explain in detail to a lender how i can make their money back and they can have confidence in my partner and I before we establish our portfolio.

It almost seems as if you're not overpaying though- if you have the vision to see what you are able to do to the property in order to increase value and rents, and are experienced enough to estimate the return accurately...

Currently working on gathering other expenses but about $3k in wiggle room, seems like this could cash flow in the Bay Area.Enough from me.

Do you have any history on the maintenance of the property to see if your estimate of $681/mo in repairs is accurate?

Hey BiggerPockets Im wondering how you guys pull more accurate comps for your wholesaling business besides just choosing an average of a list properties

Can you share the source of where this information was gathered please?