I know lumber has come down significantly and have been reading due to a slow down in the market there is over supply coming from the lumber mills. 

given the above two charts, massive supply x 13 years, falling rent growth rates x 18months, would guess rough times ahead for US Multi-Fam next 2 -3 years, but doesn't look like we are near bottom of the cycle yet?

Is this calculation for labor, then you add supplies too?

This is just speculation, but supply and demand drive the market...Reach out if you want to connect or chat more about the market

They should also: 1) Be using the BP Calculators, or some similar type of spreadsheet, to show an investor why a particular property is a good investment, as well as supplying sale & rental comparables to justify what they enter in any Calculator or speadsheet.2) Know how the Property Class affects expected performance of a rental.

I am doing my own due diligence but would appreciate advice from others in the local area given all the new supply that has come on recently and still to come in the Nashville metro area.My understanding is that this submarket is not that affluent but there is a lot of development going on, is right “in the path of progress” and would offer an experience for Class A renters that is unique from all the downtown development.

I doubt the winner of the election will have 1/10th the effect of lower interest rates and whether supply continues to increase or demand decreases.

I dealt with them while running reverse logistics and supply chain business.

I could review the stuff for the day or week and adjust the categories then if needed.I used a single CC for supplies, and a single checking account for all labor. providing the ability to match back expenses without having to check a bunch of different accounts.You could do this with different cards for each project, and a labor bank account for each project.

The rest was taxes/supplies whatever.