View report*This link comes directly from our calculators, based on information input by the member who posted.Selling price: $244,900Property type: Duplex ( both units rented)Unit 1: 4 bedroom and 1 bathroom $1450Unit 2:  2 bedroom and 1 bathroomFor this deal to make sense, I would have to pay between $235,000 and $238000Is this a good deal based on the numbers?

There are already tons of companies that have this same business structure.

I have been trying to discover a meaningful method to read the areas social structure, economics, etc. 

When it comes to the profit structure for a syndication consisting of a sponsor, general partner, and limited partners, typical splits are 30/70 SP/LP and then increasing the sponsor's split under a waterfall. 

I currently have 8 single family properties that work perfectly fine so this was my first multi-familyThe Details16 unit, 1 bed 1 bath apartment building in Oklahoma City$750k asking price got it for $650k5.35% IR, 25% down, 10 years balloon amortized 20 years. property management 7%The property was in ok conditions, fully occupied, rents were between $425 and $500, we had to evict 2 tenants who kept their units filthy and were problematic (roaches and dirty) RemodelWe're fixing up those 2 properties, replacing the floors with laminate, new granite counter tops, new split unit HVAC and new bathroom and paint.

The small house needs a new kitchen and possibly bathroom, but the bigger house needs a new roof, new trusses, ceiling, walls, bathroom, kitchen and probably a furnace.

Project 80% complete, migrating out of hard money into permanent debt structure, seeking non-recourse loan to fund the final leg of work and repay HML in one go.

With this structure, I will increase my cash flow in the beginning and have a total payoff time of 11 years and 10 months.

You can get a HELOC for half that rate.You wrote "...tap into my home's equity without taking on the burden of direct debt," but of course you still have debt, it's just under a different name/structure. 

Complete new kitchen, remodeled both bathrooms, flooring, paint etc.