I’m having a hard time following the logic at least the logic of your title.

This version incorporates:- Value-add renovation underwriting- Dynamic rent and expense assumptions- Refinance logic and DSCR testing- A full 10-year proforma with key return metrics- Deal dashboard with key return metrics and indicators of successI’m attaching a screenshot of the inputs and dashboard page so you can get a sense of how it’s structured.For those actively underwriting multifamily deals, I’d be interested to hear:What do you wish most models handled better in practice?

On the agent side, I started part-time this summer and have since helped an out-of-state investor successfully sell two properties in the Chattanooga area.Chattanooga is often a logical next step for people coming from Nashville, especially for small multifamily where pricing and entry points can still make sense with conservative underwriting.

From that stage you could move onto a fund approach raising larger capital from LP partners, but starting with a JV partner sounds like a logical next step.

If it doesn't logically make sense to do it diagonally, you can do it down the middle and charge a prorated rent based on the size of the rooms.

My logic: I don't know what I don’t know -- the pressure to execute on time is already prevelant without the hard money term length. 

In those cases, the underlying investments would more logically fall under Regulation A, which I find difficult to believe.

DM us if you’d like to discuss this logical approach in greater detail!

But for investors who want steadier income and a path toward scaling without jumping straight into large apartments, small multifamily often ends up being the next logical step.

I am writing to address the logical inconsistencies in your recent feedback:​The Capital Contradiction: You’ve cited a "lack of cash" as a sign of inexperience.