As much as I would think it would be overpriced, I would be willing to pay the same for a software that met all the metrics a RE investor would want in one single platform.My post isn't about how to make QBO cheaper, its about finding or creating a better system to track property performance, cashflow, debt, cap ex, and all the metrics we want to see along with our accountants. 

. $1,500 in rent on properties worth $265,000 will generally not get you a 7.5% cash on cash (or cap rate).

You need to be putting away money each month for Cap ex.

For example, seller may have 4.5% debt and so current NOI is worth more to seller than a new buyer who has to pay 6.5% debt.Seller finance is a great tool too.My only caution is to NOT overpay for a property in exchange for seller finance at an attractive rate.Here is a hypothetical say market cap is 7.0%.New conventional debt is 6.5%.But seller will carry at 5%.With seller finance at 5%: What price does one pay?

In 12209 you want to be on Delaware Ave or preferably west of it. 12208 is the area around Albany Med/Law schools which has a lot of good neighborhoods but prices are higher and cap rates are low.

On the positive side, a new build truly should have minimal cap ex for the first 5 to 10 years (depending on which builder you are using of course...)Best of luck in your decision - I would be curious to see if you can find any local investors who are actively buying new builds in Hazel Green right now. 

Does it have enough reserves, any special assessments on the horizon (could be extra thousands in additional fees), when is the next big expense coming (like roof change, elevator replacement, etc), the rent cap and what rents options are available.

Also know that commercial values are determined by the assets existing performance via their financial statements using the NOI and cap rates, which differs a good bit from how residential real estate is valued using comparable sales.

Being able to transfer a license from one property to another in residential zoning districts will be a big issue in the future and there is a cap on the number of permits allowed in specific zoning areas.

Gino I think that is exactly right make offers that work for you.. right now at least west coast income properties are being marketed at 3 to 5 caps sometimes 6.. and with interest the way it is none of them pencil .