In this area, market values hit around $4.95 million, giving you a solid 131% ROI.

First, I’m not really seeing enough cushion in certain popular areas for investors to realistically hit a 30% profit margin.

If you hit that, what would your new NOI be?

The rate will also be higher so it makes it more difficult to hit the DSCR 1.2 or 1.25 ratio.

Historically used online software without much issue.Now that I'm looking at the settlement statements from 2004 and looking at a sizeable depreciation recapture hit, I came across a number of questions / issues:1) I believe in 2010 I incorrectly set my basis (I did not include the parking space and upgrades to the units - granite, flooring, etc.).

Would this hit your return hurdles?

No need to hit a grand slam on your first deal.

However what happens when the tenant vacates and now the unit has to be turned over/takes a few months to find a new tenant and during that same period of time the sewer line goes and you get hit with that $15,000 cap ex expense in addition to the vacancy and turn over costs.

Todd Worrich - Jason Glast group w/ Phyllis Browning  Sounds like you hit a home run!!!!!

This would allow you to defer the capital gains tax, and instead of taking a large tax hit, you would be able to use the tax to invest in a nicer property/properties.