An appraiser is going to have to find SOMETHING for comparison.

A comparison of multi-unit sale prices values the land in my area at 14k-18k per unit.

From the conservative 2%/50% rule, in comparison, you'd be getting 1.5%, and half of your income ($575/mnth) is going to repairs averaged over time.

The whole thing is getting to where when you are looking at a house, you know how to make good comparisons, and can compare apples to apples.

Here is a link to a website that specializes in data-driven city comparisons: http://best-cities.findthebest.com/compare/157-203/Lancaster-vs-Palmdale.

Most of the time the investor does not buy an index or average for either asset class so the comparison is a bit false.

but the seller can always counter or just downright reject it.as for your offer(s) - as a wholesaler, you're going to have to play the numbers and put offers on properties that you at least can acheive one of the following:1. justifiable comparisons that warrants a low offer2. accomodates the sellers needs (you need to know what they are)3. meet the criteria for buyers on your buyers list.additionally - DON'T WRITE ANY MORE OFFERS. consult a real estate attorney and a real estate agent (buyers representation).

Most of my properties have multi-year tenants in them, as a comparison.

I realize that the Nasdaq or Dow Jones average may have risen equally, but I don't like the stock market so it's not a good comparison.

How about one that we can use when computing the various dealpoints in a wholesale deal, for comparison etc.