Once you have this part down, decide what your target returns are.

Higher rates.But what do you get in return.

Property Llama helps take the emotion (and unvalidated bias) out of the process and gives you black and white numbers on key financial indicators (return on equity, cash flow, etc..). 

And you can be a landlord that gets a very poor return because they haven't utilized their space well by changing the layout.

Loan had high terms of 9.5% calculated to 20 years and a balloon payment on the 3rd year coming up this April 1st.

Where these numbers are found, there is a very high rate of rent actually being paid.We have over a dozen Fortune 500 companies just in Metro Detroit with huge Healthcare, Auto, and mortgage industry National footprints.

A high occupancy does not guarantee the lost revenue.

Hey Stepan, Some changes I'm advising and seeing my clients implement are expecting an extra 3 months of holding time and undervaluing the ARV just a bit due to high inventory on the market. 

Is this price differential largely a matter of how high-end you make the finishes?

Quote from @Kaaren Hall: Was going for the best cost-of funds (lower rate)@Kaaren Hall So you were less concerned about your annual cash flow/return (IRR)?