Entity Edge

I'm skeptical abotu the numbers here. What are the vacancy assumptions and how did you arrive at the $250k refi appraisal? Also, can you walk me through the CAM reconciliation process you've accounted for in your projections? Lastly, what's the credit profile of the tenants you're expecting to lease to? I've seen too many BRRRR deals go sideways due to underestimating expenses or overestimating rental income. Without a clear understanding of these factors, it's tough to take the 'high-reward' part of this proposal seriously. Can you provide more details?