Quote from @Manuel Moreno: Hey Bigger Pockets community,My family has been in commercial real estate development for years, and one recurring pain point we’ve constantly dealt with is unexpected site costs. 

Anyway, I have a recurring character in my life...

No recurring distributions or dividends have been paid to date.

In many cases, the services are overly complexed and do nothing but add additional recurring costs to the client (which these service providers often benefit from).

There's always that initial stress that they will sign up on time for the first recurring payment, but I've ultimately never had an issue.

I feel this is going to be a recurring theme if I can get my model to work. 

Since then, they have operated under government control, but privatization has been a recurring topic of debate.Why Privatization is Being ConsideredSecretary Turner, along with some policymakers and industry leaders, argues that privatizing the GSEs could reduce taxpayer exposure, increase market efficiency, and encourage more private sector participation in mortgage lending.

Factor in these recurring costs when running your numbers.

.- Build Relationships with Vendors: Getting quotes from local contractors or vendors for common maintenance or repair tasks can give you a clearer picture of recurring costs.

In addition to taking 6-9 months to close, they are also subject to (i) annual audits, (ii) annual REAC property inspections, (iii) recurring annual MIP payments on top of your interest rate, (iv) large initial deposits to the replacement reserve, (v) commercial space limitations to 15-20% EGI / 25% NRA, and (vi) less forgiving underwriting with 7.00% minimum vacancy rates when determining our underwritten NOI.