If it took 4 months that is 5,625 a month of income which is not bad.It seems your model is predicated on your partner being the contractor.Won't the fact that your partner has to do most of the work keep you from doing multiple flips at a time and increasing income??

Therefore, you as the business owner pull in $3,000 profit.That's way to simplistic a model to get a reasonable picture of revenue/income expectations...Most PMs have multiple sources of revenue:- Monthly fees off gross rent- Placement fees- Maintenance fees- Renewal fees- Kickbacks from referred vendors- Etc.Even just the income on the gross monthly rentals fees will depend on:- Average rental price- Average vacancyAs for employee costs, if your revenue is low, they could be 100% or more of the gross revenue. 

According to their modeling this note should have defaulted.

For me it has been positive.Many immigrants are fixing to leave and are selling of businesses.They built a model on paying under the table etc. so there workers 100 would be 100 versus our 100 after everything is taken out 65 to 70 bucks.Many restaurants with the new reform will not be able to maintain profit margins with the new costs and will simply sell off or shut down.I am getting commercial short sale listings with immigrants leaving the country.On the flip side I hear landlords worry when a majority of tenants are immigrants.They feels they might go to being full to a huge vacancy and cash flow problem.Labor costs might rise for contractor rates.It will be interesting to see how this plays out.

If you purchase and did your modeling correctly you factor in the higher potential assessment and then cash flows will not be affected.

How to get someone to upgrade to a better model?

.) $1300Property Insurance (incl Liability) $3000Gross Rents (using current model and only 6 rented) $34910NOI: $17,200 (as best I can figure.

I would agree with Ryan, My firm uses Westlaw for LP and NOD information, and, although it does provide the records we are looking for, there is a tiny window to contact who you need to.

Ours is the best and we even have a standard model which does cost less than the competition. 

It's better if the business model matches the traffic flow for the time of the day.Are these business that need a bunch of foot traffic to be healthy OR is most of their business conducted through shipping??