They are all currently in my TN-based LLC.

Most cloud-based property management offerings do well over half of what he listed for you for a few dollars a month per door... rental application process, screens tenants, advertises your rentals, etc.  

You just take the total income of a property (usually just rental income) and divide it by the cost, which most lenders use what you said, the P&I + tax and insurance cost.Some lenders will take a look at the maintenance costs as well, but with a healthy enough DSCR that can usually overcome it.All that to say based on your original question, most lenders will vary a bit by what they would consider a ‘good’ cash flow, but 1.2 is pretty consistent.

Similar opportunity for cash flow on truck parking, its a great use for underneath power lines, limited exits though, solely based on parking revenue.

When you buy a 30 unit apartment building as I would like to, the value of the property is more based on the income and the performance of the property which gives you an opportunity to create value and scale.

Also, typically if there is no meter base there may not even be an electrical panel.

For example, in August, locally based 99 Cents Only Stores sold their 800,000-SF distribution building to Dart Warehouse Corporation for $190 million ($237/SF) in a sale-leaseback deal.

If I do X, then in Y years, Z will occur, and we're 85% sure of that outcome, based on the model"There are definitely times a model has been incorrect (it predicted something, but the real outcome was different)...but, even when a model is wrong, it teaches you something--and with that info, you can make even better models.Another drawback of building the models myself is that it took a lot of time--I probably could have saved time by adapting an existing model...I initially tried to adapt some existing models I found online, but they weren't easily adaptable to my specific circumstances/variables/goals/usage--which is why I ended up building my own models...

A local base hit is WAY better than trying to hit a home run OOS for your first one.

That way we have a home base if and when we decide to come back for a few weeks/months.Doing some research on Airdna, there are only a few properties that have the same features/amenities as us (8 in the whole city) and they range from $250-$1,100/night in the winter.We'd be one of the only properties in our city with certain amenities (gym and hot tub) So my rationale is that we'll be able to charge highly for a unique experience.