Examine the condition of the apartment, Google the tenants and make sure you have scans of the last six months of rent payments. 

We tested a conditional guarantee with a few clients, but found it attracted people like the one who posted above that attempted to check off the boxes in the guarantee instead of completing our training, joining our zoom calls and letting us guide them on their commercial investing journey.

So I can take any property, in any condition, in any market, and I can "cook the books" to make Cash-Flow look any way I want, good or bad, simply by adjusting 1 number. 

So at the planning commish hearing to get pre plat approval with Conditions..

Student housing just hit roughly 95% occupancy for Fall 2025, while many conventional multifamily assets are still hovering under 90%.That’s a pretty wild gap when you think about it.Even with higher rates and tighter lending conditions, demand for quality, campus-adjacent housing hasn’t slowed down.

Quote from @Marco Solis: Moe,I would like to get $2,000, but I will need to do more research on market conditions once all the renovations are complete.$2000 on a 200k investment is excellent; it passes the 1% rule, which is kind of unheard of nowadays.

Property Condition & Amenities: it’s important to, “Maintain to the Neighborhood.”Key metrics for each Property Class:Class A Properties:Tenant Pool: Majority of FICO scores 680+, no convictions/evictions in last 7 years.Tenant Default: 0-5% probability of eviction or early lease termination.Section 8: Class A rents are too high and won’t be approved.Vacancies: 5-10%, depending on market conditions.Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Class B Properties:Tenant Pool: Majority of FICO scores 620-680, some blemishes, no convictions/evictions in last 5 years.Tenant Default: 5-10% probability of eviction or early lease termination.Vacancies: 10-15%, depending on market conditions.Cashflow vs Appreciation: Typically, 1-3 years for positive cashflow, balanced amounts of relative rent & value appreciation.Section 8: Class B rents are usually too high for the Section 8 program.Class C Properties:Tenant Pool: Majority of FICO scores 560-620, many blemishes, but should have no convictions/evictions in last 3 years.

One thing I wish I knew early on was that there are always deals, no matter the broader market conditions.

Basically in my lease terms the renters are responsible for returning in the same condition minus normal wear and tear.  

@Brandi Smith, Here is a decent one from oklahoma.govhttps://oklahoma.gov/content/dam/ok/en/orec/documents/contra...It has a section for additional conditions so be sure to add anything specific to your propertyBe Well!