Issue is the wide variation of comps.

Clear boundaries and expectations and the right legal documentation would be very important here.Partnerships already complicate business, it would be even more complex having a partner as a tenant.With that said, you might consider a 30/50/50 split or a variation thereof.

We've got clients in Arvada, Commerce City, Englewood and Lakewood, to name a few, all doing some variation of this.

I also search "We buy houses (Insert area here)" and other variations of that.

The cash-flow has multiple variations as well, some markets below 800k today *can* still produce a little bit of cash-flow with DSCR around 1.1x when you have 70-75% LTV.I did many backtesting, the best IRR from a historical perspective is created actually in the C market that's getting better over a long period of time.Why do you think so?

*SP/SQFT isn't informative because there can be huge variations in condition, finishing, room count and features that affect value and usability.

EVERY STATE HAS THEIR OWN VARIATION ON WHAT YOU ARE ALLOWED TO DO CONCERNING LAND TRUSTS Most attorneys are going to tell you that you cannot do this transaction though.

Small variations in interest rates won't effect things much.

Because information is not readily available, tower companies and wireless carriers take advantage of this and a reason why you see such variation it terms from property to property.Everyone has provided great insights and information and hopefully a great start to helping you making the best decision for your property!

The stuff I mentioned above I have looked into as I have been growing into REI and I have utilized some variations of it and am still working it and learning.