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Based on what I've found, rentals here fall into 2 categories: nice properties with decent tenants and 5-7% cap rates, or garbage with 10+ caps and headaches.  

Call 5 ask them what they see expenses running per category per unit.

There are numerous BP podcasts where successful investors discuss exactly how they do that.Good luck,Cynthia

Call 5 ask them what they see expenses running per category per unit.

They have been marketed over the years under various names, including Self-Directed Installment Notes, Deferred Sales Trusts, Structured Sales, Structured Settlements, and numerous other names, each with a slightly different twist as to how they are structured and how they work. 

I've done numerous vertical enlargements of 4 story buildings as well as horizontal extensions but no full on ground up projects.

Here are some recommendations for you:Find and connect with other BP members that are in your area: http://www.biggerpockets.com/meetRead Beginner’s Guide: http://www.biggerpockets.com/real-estate-investingCheck out BP Podcasts: http://www.biggerpockets.com/renewsblog/category/podcast/If you wish to tag someone in the conversation on the forum, type @ followed by their name and then select the name of that person which should appear below the comments box.

Here are some recommendations for you:Find and connect with other BP members that are in your area: http://www.biggerpockets.com/meetSet up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/alertsRead Beginner’s Guide: http://www.biggerpockets.com/real-estate-investingCheck out BP Podcasts: http://www.biggerpockets.com/renewsblog/category/podcast/If you wish to tag someone in the conversation on the forum, type @ followed by their name and then select the name of that person which should appear below the comments box.

I noticed in the financials that that may not have been the case in 2014 - with income in that budgeted category (HOA fees) falling well short of the expected year-end amount.