@Joseph Gozlan - the tax aspect of apartment syndication is something I'm having difficultly nailing down past the high level concepts. 

But you hit the nail on the head: the main point was that this deal is taking me one step closer to financial freedom!!....

@Pedro Recarey I wouldn't necessarily recommend the BP Wholesaling Calculator as I find that thing to be a total mess.I keep posting this comps video in so many threads people are going to start thinking I'm a shill for Sean Terry, but he absolutely nails it with this system.

Nailed it!

@Mike Cumbie really hit the nail on the head. 

@Nick Michaels , Your last sentence in your last paragraph hit the nail on the head.

I think you've pretty much nailed it. 

I'm told cost + 15% is more common, and anything in the cost + 20% range ought to be polished and perfect and typically unnecessary.

Permit package was submitted on 10/18/2022, had a few petty things to address and got the permit back approved on 11/14/22Lot was cleared on Dec 1Slab poured about a week later and on Dec 20, 22 we started laying brickJan 13 Nail pattern inspection completedFeb 2 interior Framing completedWindows arrive and 2 are wrong size, about 3 weeks to get replacementElectrical a week laterMarch 20 Dry upMarch 29 MudApril 8th PaintApril 12 Repaint inside to correct colorApril 17 All floor is completed  Cabinet delivered and in place.May 15 will post up for rent with a move in Date of July 1

Again get with a local professional, they will really help you nail this down.