Your commitment toward maintaining effective communication inside loans, partnerships, etc is what will set you apart - DRASTICALLY.I'll be honest, challenges we endure in life aren't to test us.

What assumptions are you stress-testing the hardest right now?

Reonomy's good but expensive for beginners, Prospect Now has cheaper entry but limited data depth.

Yeah scraping Auction is smart but the real edge is what you do with the data after it lands in your lap.If you already have Apify pulling all new foreclosures each morning, I’d tighten it up by baking your buy box into the scraper so it only keeps stuff that roughly pencils in, like estimated ARV times 0.7 minus a ballpark rehab and fees still leaves you with your target equity.

Any property I acquire has to meet a few fiscal tests:  will it cash flow enough to be worth it, is it in a market that attracts a strong tenant base - as well as provides for solid appreciation.

I was in this program, simply for the "boots on the ground" @3k/month in Philly to test out two deals there.

Apps like Quizlet can be a handy tool for this.Practice Exams: Take as many practice tests as you can.

Working through underwriting on a stabilized small multifamily portfolio in the Des Moines / Ames, IA market, and pressure-testing different capital stack and refinance paths.Deal context:Asset: 29-unit multifamily portfolioSubmarket: Student housing near ISUOccupancy: 100% in-place2024 NOI: ~$239K (actual)Status: Off-market, pre-LOICapital structure being evaluated:Conventional bank debt at acquisition (conservative leverage)Equity structured cleanly (no complex JV or promote layers)In-place cash flow maintained during holdRefinance window: 12–36 months to simplify the stack and optimize long-term debtThe goal is to avoid high-cost short-term capital on an already stabilized asset, while keeping DSCR strong and flexibility high for the refi.Curious how others in this group are seeing:Conventional vs. bridge execution on stabilized MF todayRefi seasoning requirements lenders are actually enforcingStructures that preserve cash flow while remaining refi-friendlyOpen to comparing notes with anyone actively lending on or structuring similar deals in the Midwest.Best,Eduardo Cambil

I see this outside senior housing, but it’s rarer than people think once you pressure test it.In small multifamily and mixed-use, a lot of deals get marketed as “bad operator” when there’s usually at least some embedded market or income issue once you dig in.

Hey everyone, looking for some experienced eyes on a deal I’m currently under contract on and would really appreciate feedback or things I should be stress-testing.