Hi Apurva,53 units -- It would be smart to talk to an Architect who does multi-family (In your general area) about the cost of doing a restyle as well as colors.Especially if you choose a Hardie (Fiber Cement type) product.With Hardie (Type) products, read the upkeep instructions, some require re-applying the joint sealers (factor that into your maintenance budget).Also with Hardie (Type) products there is a service life to the color...some come pre-colored, some your contractors must paint on site, (some require priming of cuts when installed)---talk to the Architect about the maintenance schedule and the CAPEX for this.Hardie makes big sheets of this for multi-family that Architects can use for visual effect and ease of installation.With 53 units--springing for an Architect to help with this would be intelligent.Good Luck!

With that being said, I didn’t take into account the net worth factor so that is something to research for sure.

Aside from the expected higher interest rate when compared to conventional loans, are there other factors to consider when committing to a physician loan?

These factors make South Carolina very appealing to out of state investors. 

The above calcs do not even factor in the higher tax expense as a result of the reassessment or other factors such as deferred maintenance, neighborhood, market.

My question is, how do you all factor in vacancy at time of purchase?

I'm looking for a tool tool that can quickly take all factors into account such as mortgage interest and depreciation allowances to work out the true effect of our returns.I know it's impossible to expect any piece of software to give me a green or red light with regard to property acquisition.And realize a deal is good depending largely on the circumstances of the investor.

The huge demand for medical laboratory commercial space in the Greater Boston region is astounding.I'm looking for fellow commercial professionals who have utilized any specific calculators/software to analyze commercial deals.I'm not simply looking at a snapshot of the present rent and dividing it by the purchase price although this is better than nothing, It is not sufficiently sophisticated for me to make smart decisions as to which properties to purchase.I'm looking for a tool tool that can quickly take all factors into account such as mortgage interest and depreciation allowances to work out the true effect of our returns.I know it's impossible to expect any piece of software to give me a green or red light with regard to property acquisition.And realize a deal is good depending largely on the circumstances of the investor.

But I'm guessing its best to find a deal that works the numbers with a PM factored in.

My pest control guy hands them his card for future treatments they can pay for.