That should also factor into your analysis as well as the minimum permitted draw amount.

I was able to produce emails, text messages, signed agreements, and I had an experienced attorney who specializes in real estate contracts.I've been this route before so I understand the process and the system.

Do the same analysis for the HVAC, windows, painting, etc. 

Finally lets assume after a year, I decide I want to move out and rent out my original property and my analysis shows the cash flows I can get from rent are enough to cover the mortgage on the original property. 

@Rusty PollardDude find Joe Fairless, he basically wrote a text book on the subject.The book is called : joe fairless best ever apartment syndication book.

This will give you a good overview to the business and teach you analysis skills using a financial calculator.

Not much analysis to do really.

Im new REI and this is my first deal analysis so I didn’t understand the numbers.

Not as important as what they know, there are new agents who come from analysis or research, but a lot of the agents who make it long term are just good sales people.3.

When you refinance with a cash out loan, your rate will be EVEN HIGHER than just a regular "no cash out" loan.So we really need a comprehensive analysis to see if this is worth it.