But it all depends on how rigorous you are in estimating your expenses (and I suggest to err on the side of being more rigorous, than "flexible") and your investing criteria (maybe you are ok with large down payments, or with getting only 5% C/C ROI, or barely breaking even on cash flow since you are counting on appreciation/speculation).

The Judge, who is POLITCILLY voted into there job, identifies this is radioactive here in MN as the Attorney Gen. and Gov. themselves are the champions of moratorium, so your err on side of caution and in favor of moratorium in every instance that your not 1,000% certain eviction is allowed. 

Thanks @Gary McGowan in my research I have found both definitions and some indication that it was unclear in court which was true, so I wanted to err on the cautious side.

Only that it is not bad advice for people to err on the side of risk mitigation.

She tends to err on feeling safe and risk avoidance, but she trusts me as far as analyzing and handling finances. 

But maybe thatis just an erroneous assumption of mine motivated by my fears.

I think especially for someone who digs in and sees the work expanding, and who is hiring hopefully knowledgeable people instead of being one, it’s best to err on the side of the permit caution.

Originally posted by @Erron Harris:@Marco Bario Where can I find the link? 

@Mike Hurney You have jumped to an erroneous conclusion. 

Based on your monthly FMR estimations, and considering an 8% cap rate with 40% expenses and 15% Vac/Cred, the value would be between $443.7k and $504.9k.Personally, I would err on the most conservative side and base my offer on that.