Lease dynamics - MTM vs. long-term lease - are governed by the market more than anything else. 

Did a visual walk through with agent and nothing stood out as a major issue.

The IRR Looks like this:So yes, you can do JUST a Cash on Cash Return (CoC Return) and get the same answer as a 10 year projected IRR as in the image above.Also, because you are using a 10 year projection schedule, you really VISUALIZE the Cash Flows.

Either way you can’t  predict those dynamics and purchase and sale transactions in my opinion should put a lot more weight on price.

I’m looking into section 8 real estate and was unsure of what type of place to look for, so this gives me a great visual starting point!

On my request, USREEB sent a Structural engineer and this is from his report based on visual review: "The foundation walls of the house have experienced some common movements for a slab and the house shows signs of some stress cracks which have been patched in the past.

If you get someone that demands to see all the wiring and pipes they will demand holes get cut in the drywall for visual inspection. 

I screen with my eyes (visuals mean a lot. 

Within the last two months I did what I thought was making my home “renter proof” got rid of carpet, added new appliances, repaired and painted walls, fixed up the landscaping for some visual appeal.

I am very positive in the long term but positive development like this is very far away from the block by block dynamics of St.