Hello All, Wanted to provide an update: 1415 S. Corona Ave. Colorado Springs, CO - 10 Units, Purchase Price $1.25M - Raise $500k - 14–17% IRR - 8–10% CoC I have structured this acquisition to prioritize capital preservation first and growth second — it’s a cash-flowing asset on day one with a DSCR above 1.4, and is underwritten conservatively with elevated expenses, phased rent increases, and six months of reserves in place. While this isn’t a deep discount purchase, the margin is created through disciplined operations and controllable levers like rent alignment, RUBS, and expense optimization. I have stress-tested the deal under downside scenarios — including flat rents and higher vacancy — and it continues to cover debt and hold value, which is the foundation of the investment. The upside comes from execution, but the deal is designed to perform even if that execution takes longer than expected. I am assembling a small group of 3–5 investors for this opportunity — reach out directly to review full underwriting and discuss participation. DM, email, or phone me

Just walked away from a deal in Colorado Springs — and it was the right call. On paper, it looked like a solid 10-unit: • ~90% occupied (per initial understanding) • ~$1.25M purchase price • Value-add opportunity But once we got into due diligence, the real story showed up. Actual occupancy was closer to ~60%, with multiple vacant units and unstable leases. That alone shifted the deal from “stabilized with upside” to a full lease-up project. Then came the inspection. We uncovered: • Structural and exterior deterioration (stairs, decking, walkways) • Drainage issues impacting the foundation • Electrical safety concerns • Plumbing risks, including potential sewer line issues • Multiple interior deficiencies across units • Signs of possible hidden issues behind recent cosmetic work This wasn’t a light value-add anymore — it was a heavy reposition with significant capital requirements and execution risk. The lender ultimately passed. We spent about $1,600 on inspections and diligence. That $1,600 likely saved us from walking into a deal that could have required $150K–$250K+ in unexpected repairs and lost income. That’s the game. Not every deal is meant to close — but every deal should be fully understood. Discipline isn’t just about finding deals… It’s about knowing when to walk away. On to the next one.

Hello @Jai Thompson Can you explain your process a little more say through an example of a past deal?

I signed the PSA on the Colorado Springs 10 unit... time to raise some capital 😀

@Christian Osgood Have you tried to modify the GPT to add the new calculator?

@Gregg Lancer $75k would be the min but the more offered the higher the equity portion.