Generally I would say that if the property is 15+ years old and not recently completely renovated a SFH would likely be in the range of 50% and a multi unit likely slightly lower, possibly as low as 40%, due to more tenants, higher cash flow and lower risks from vacancies.The 50% guestimate is based on the historic average of hundreds of thousands of rental units of all types over decades of accumulated data.

Since 1975, prices have only dropped twice -- once in the mid-80s when the oil-centric Denver market was hit by the drop in oil prices; and a second time in the aftermath of the 2007-08 financial crisis.Now is a tricky time to sell.

It's hard to know if the article got the projection right quantitatively, but Indy has not been a growth market and so directionally that part looks correct.Macro-level, the drivers to to growth markets are population shifts that are ocurring and a lot of people in northern states/cities have relocated to TX, FL, GA, NC, etc. 

This offers favorable routes and a straightforward transaction.

So what I am asking for is if you were looking for a mentee or interviewing one, what would you look for and what type of questions would you ask to see if this guy is serious and knows the concept behind Real Estate deals and a certain niche he decides to attack. 

I have used the BP calculator and a very conservative estimate of income andcosts still shows cash flow.

The one thing I see routinely across "young" investors is they don't have a concrete plan founded on fundamental concepts...there are 1,000 ways to make money in this industry...and a variation of each of those.One piece of advice would be to learn OKR's...build this into the framework of your business...there is a learning curve, but you guys will pick up fast.Best of luck! 

No cell phones, no texts, no online portals and rent payments, no electronic signatures, some email, newspaper ads and a lot of door knocking (I can almost feel some of you more seasoned PM vets nodding out there). 

The Lift The Ban group has paraded folks who've lost their rentals due to health issues, old folks who couldn't afford their rent in "their" neighborhood anymore, and a whole crowd of people in similar situations and things that have nothing to do with the cost of rent across the market.

And a lot of the properties were townhouse and condos which seem to be a big thing in the area of Miami I am looking at.