When your cap rate < interest rate.In this case, we bought this property at a 5.5% cap and locked in an interest rate of 6.7%.Some would argue it would be cheaper to buy the property in cash.So why the heck would anyone buy a deal with negative going in leverage?

I might argue that green features might increase the pool of interest if you're priced right.

Heck, I would even argue this is true of real estate when hiring a property manager.

I would argue that this is the fundamental job of a syndicator and the primary reason why one is more successful than another.

The ABC's of Real Estate Investing & The Advanced Guide to Real Estate Investing by Ken McElroy - Solid detail on the process as well as case studies and advice based on personal experience.4.

I'm learning, but I don't know enough to argue with the professionals, especially when I get conflicting info.What business have you had a good experience with?

Quote from @Michael Smythe: @Thomas Shepard, @Brandon VanderfordWe politely disagree with your opinions.Ask any attorney about contracts and they will usually tell you the longer the better.I am not arguing for an insufficient contract. 

@Apoorva ParuchuriIt is absolutely reasonable - and I would argue NECESSARY - to break even from day one.  

I should have gone down to see these properties myself and done my own due diligence prior to purchasing they might argue, but that's their whole model.

For example, if your current growing portfolio is owned by ABC, LLC, and the 40-unit deal is under XYZ, LLC, then you want two bank accounts.