So looking for someone to build business relationship to do constant buy and flips.One property in particular I am looking to fund.

Keep in mind that these attorneys get pretty constant calls from others in your shoes and brokers looking for deals so to be successful you need to put your best foot forward when making contact.As a side note this is generally much more effective when you're looking for access to commercial / multifamily deals.

All that really matters is YOUR capitalization rate that is a blending of your debt constant and required yield on your equity in whatever proportions they will be used to capitalize the purchase.

Once they find a tenant for you, you are still in constant communication with them for months/years to come.

I would offload all expenses onto the tenant.Water has been referred to by my investor clients as "liquid GOLD".If the landlord pays water the tenant NEVER tells you about leaks or the toilet running constantly etc.

You will have almost constant maintenance, leasing, tenant screening, rent collection, evictions, etc. that will all need to be handled by someone onsite.

Brian, if my castle has an income stream of $200k per month from the jousting tournament revenues, will you offer 100% acquisition + rehab funding so long as the LTCV (loan to castle value) does not exceed 70%?

I was reading a post on Google by an owner, and he claimed that he almost never received the full amount of rent because PM constantly found something wrong with the property and contacted contractors even on a simple request of a tenant on how to operate a devise, which is a waste of money for owners.

300,000 by 30 units is 10,000 per unit and around 834 monthly.At a 10 cap with 50% costs you are looking at a value of 1,500,000 for resale and then you have the costs of selling (commission,closing costs,inspections,appraisal,etc.)This is without the other half of the building you said isn't renovated.Is it more than 30 units or is 15 renovated and 15 not but 100% are occupied.If you have more than 30 units then that will skew the numbers.Any excess land or could these buildings be torn down and higher density be built increasing the value potential and income stream?

What this gives to the owner is a guaranteed rent check as long as the fraternity survives, a constantly updated unit, and they don't have the hassle of finding college kids to rent it out - the frat house leaders are responsible for that.