Every bank is different so there is no "should" but like I said earlier, on my last loan of ~71K my loan costs was about ~2K, it won't scale down much from there as you're about at minimum overhead, but getting the loan won't be a problem.

Let's assume I agree and accept the full rent amount - I will get essentially large lump sum into my account.

yes I feel investing in CA just simply doesn't make sense unless I go in on a syndicate but I would like to use leverage OSS so I can scale properly.

An investment with an experienced sponsor can mitigate some risks because you are participating in a larger acquisition than you might be able or willing to do on your own (which gives economies of scale), and you get to leverage the sponsor’s experience, judgement, track record, network and deal flow.But it also adds risks by adding an additional component not present in direct real estate investing:  the investment sponsor.

Patience, diligence and good old number-crunching are invaluable when you're putting a large chunk of money on the line.

Mine for this one was expanding my mind even further on ways to get access to more money to scale the business even further.

I bought last year my first commercial building, a 12 unit, and it has been very difficult since inception.First year I had a management company that wasted a lot of money and caused me some large losses.

By the time your 30 you will want to flip large apartment units and mansions!

His portfolio ranges from large multiunit condo towers down to single fam developments, he wants me to present him development plans on both buy/dev/sell and buy/hold on some of my ideas.

His portfolio ranges from large multiunit condo towers down to single fam developments, he wants me to present him development plans on both buy/dev/sell and buy/hold on some of my ideas.