Yes indeed mate.I probably would have fixed the rate also but "underwritten" the deal from a worst case rate scenario like I would do with SFH if financing.I'm not versed in large multifamily deals and would love to learn more.I think I could really do some "damage" in the field because I own and run a property management company and we run a tight ship that's very well optimized from an automation aspect and affiliate fee structure standpoint.So my bottom line for example buying a 50 or 100 unit would be much safer/higher due to in-house PM and "working" the margin.

@David H.It’s common for them to throw that language out there which even if they broke the law or operated without a license then you are indemnifying themSo I would definitely have that edited by an attorneyFYI property managers do the same thing - some of these PM agreements I see are insane

I learned the hard way unfortunately.

cash Lessons learned?

I am willing to learn as much as possible so please suggest materials and conferencesThank you

Learn to buy property tax sales.  

And I learned some stuff myself, and went from there.

You're building equity and learning investing and saving $200 a month.

@Tori Roy, I can’t point you to the court records, but I remember learning that anti-trust laws prevent NAR from limiting MLS access to Realtors.I think the solution for you is a no-frills, no-desk-fee broker plus signing up for your local MLS without joining the Realtor board attached to it.I’d suggest doing a little googling, then calling your local Realtor board and inquiring (dare I say “badgering”) them about buying MLS access without joining.Good luck!

This is a great place to learn and network.