Assuming title, taxes, insurance are equal across the board overall costs would typically be about $1,250 in lender charges, appraisal maybe $700-900, credit report for $100.  

@Erik BreunigHey Erik, DSCR lenders vary a lot, but it’s true many of them pull from the same doc templates, which can feel way tougher than standard residential or small commercial loans.

That’s standard practice. 

**OPERATING COST REALITY CHECK:**- Insurance: +29% YoY (coastal exposure + reinsurance crisis)- Maintenance: +24% (labor + materials)- Property Taxes: +22% (reassessments catching up)- Condo Fees: +45% since 2021 (SB 4-D structural compliance)**MARKET DYNAMICS:**- Luxury ($1M+): 10.2 months inventory, seeing 10% discounts- Single-family: 6.4 months, still climbing 4% annually- Condo/townhome: 12 months inventory (buyer's market forming)**CAP RATE SPREAD:**- Miami core (Brickell/Downtown): 4.7%- Suburban (Doral/Kendall/Homestead): 5.3%- 60bp spread = biggest arbitrage opportunity in years**INVESTOR BEHAVIOR SHIFT:**Seeing capital rotate from luxury spec plays → workforce housing with stable cash flow.

(From what I understand, yes — but would love confirmation.)Are there standard timeframes for returning capital to a passive partner in these hybrid arrangements?

My Dad has a standard W-2 job, and my Mom works full-time in the long-term rental real estate business.

I also look at how “clean” the expenses are: taxes, insurance, PM, and reserves look properly accounted for here, which is important because a deal only works if nothing is hiding off-paper.A 7.5% cap with positive cash flow is respectable in this market, especially on a small multifamily.

Hm, I've seen a fair amount of deal flow in different markets from FL, to TX, MI, OH, SC, NC and TN, and have seen these 65-70% of value purchases, but also find thats somewhat standard, even with cosmetic to definetly medium rehabs. 

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Then the insurance calls me saying they cant get the purchase agreement from the lender to bind the hole thing.