@William Costello, I would add that this analysis is true for a core property with no upside.  

@Matthew Irish-Jones thanks for really putting all that into perspective for me I’m going to add that to the list of things some deals just might be to good to be true thanks again for the info

Does this sound too good to be true?

If a sponsor doesn't take the effort to make a good impression with a well thought out offering package, I have to assume they will also be lackadaisical in their operations, they won't care about getting K-1s out on time, etc.But, what you said is also true: I have seen some very slick marketing materials that I will never invest in.  

They claim they are unaffordable, provide no cash flow, too tenant friendly, however true wealth is real estate is built through mortgage paydown, the tax benefits, and appreciation.

Everything you hear on podcast and forums is true. 

I don't know if that's true or not with your home.

Also talk to a lawyer about how long a respected boundary becomes a true boundary.

I am not sure if this is true, but it sounds like a huge barrier if it is.

@Wayne Clark it's very difficult to purchase something using conventional financing and have it be a "true" BRRRR where you get all your capital back out.