Creating a Deal
Capture clean property basics before deeper underwriting modules depend on them.
Purpose
Deal setup creates the central underwriting file that every Talos module reads from.
When to use it
You have a real opportunity to track.
You need saved-deal map pins.
You want reports to carry clean property identity and status.
Inputs needed
Deal name
Property type
Purchase price
Square footage or units
Address or coordinates when available
How to read the output
Draft status means the file needs more support.
Modeled status means core inputs are more complete.
Source and status labels explain where the deal came from.
Common mistakes
Leaving property type wrong and relying on defaults.
Skipping address when map/geography matters.
Using a vague name that will be unclear in reports.
Next steps
Build NOI
Review valuation
Add decision notes
Professional note
Clean setup is an audit trail. It makes later calculations easier to explain.