Given the safety aspect of this, you may be able to enter immediately without 24 hour notice. 

Meaning you will have to pay taxes and may have safety inspections.

In other words, his model is pretty close to how people should pick sponsors (GP) for syndications.  

The property would need to show that the units meet safety standards (ingress/egress, etc.), but we understand the paperwork is otherwise fairly simple. ▪ The review time is about 2-3 months once the application is submitted.Any feedback or input is appreciated. 

Why don’t I call and ask you say, well it’s a small area (everyone knows everyone’s business) and I’m still in research mode.  

Also would you just provide it free of charge just as a safety measure to reduce the risk of property damage in case anything were to happen or would you charge them a fee for the items provided , and let them keep the items if they decide to move out ?

Have been in intensive education mode (BP Books, podcasts, as well as analyzing deals), and want to start networking with the local professionals in the area so I have my team / "Core Four" prior to acting on a deal.

I plan on buying a new safety cover and getting a letter basically stating the mechanics of the system are good and due to colder temps I didn’t get into the quality of the liner though from the visual inspection things look ok.Is that good enough for the pool or am I being naive?

From a high level, I will leave you with this so that you can judge if a model is something worth buying or maybe to go build out your own.rent roll tab - organizes unit mixes, sqft, shows ltl, max rent per unit mix, (this should flow into a clean layout)income statement tab- where you can drag and drop the t12, you will want to itemize in that tab the 200+ lines of data that will then flow into a clean p&ldashboard- where you input all assumptionssummary- show a snapshot of your proforma and high level data points of the dealmodel tab- breaks down monthly proformacomps tab- where you can quickly add data to reference where you think you can push rents tocapex tab- breaking down interiors and exteriorswaterfall tab- how your going to break down ownership on GP/LP. you will want to have this model prefs, prefs with waterfalls, straight splits, pref thats current and capped on backend, class A & B shares if your going to offer a combination of aboveI could write a book on what your model should or shouldn't do from ramp-up period in rents, to additional income delays, taking units off and back online, projected forward curves if you choose floating debt, prepayment projections on the back end, etc. 

Unfortunately I was stuck in research mode for a while until I began Wholesaling.