The island has had over a century of positive metrics illustrating the fact that Oahu is growing in population and values you.

To illustrate this point I know flippers who killed it 2007-2010, when the market in SoCal was melting down ... they bought for 50 cents on the dollar, fixed the house, and sold for 80 cents on the dollar. 

I tested a few "neighborhoods" in the application, and the unfortunately data can be highly misleading (Note:  How this website defines "neighborhoods" may be different than common definitions (one simple example would be how they define the borders of Fountain Square - I don't think that most real estate professionals would say that Fountain Square goes that far east).Also, if you take as an example a neighborhood like Butler-Tarkington, on the south end (38th-42nd), it can be quite rough and $50k houses can be found readily, but in the northern end of the exact same neighborhood, you can find beautiful virtual mansions with manicured lawns which can easily be $500k - $1MM.So, just to summarize, while there are some "tools" which can be helpful, this just further illustrates once again, how difficult & challenging, Indianapolis can be & how one must do their own due diligence.Best,Matthew

Wouldn't a very similar analysis of two identical multi-family units or buildings in two different markets with different rent also illustrate that the 50% rule is equally absurd for multifamily as it is for single family?

I've been trying to illustrate the trade off by explaining that if you can't/don't want to build your own diversified stock portfolio, you can invest in a mutual fund, give away a small portion of your returns, but never have to lift a finger....I think perhaps your analogies are a bit more accessible ;)@Jake Gaines, I know we've already spoken, but I wanted to pipe in here for the record, and to second what @Mike D'Arrigo just said - finding a transparent and trustworthy turnkey provider is the number one most important factor, even more so than market.

 $100/mo x 12 months x 11 units = $13,200 / 7% cap (for illustration) = $189,000 increase in the value of the property (less the $8,800 in rehab cost gives you your profit).  

I love the code check books such as:https://www.amazon.com/Code-Check-Illustrated-Guid...They also have code check books for electrical, plumbing and others. 

@Dillon Randolph As others stated, you need to control a deal before you take it to investors/lenders, unless you're using it for illustration purposes. 

Very clearly illustrates the value of owning real estate.

I guess its on my to illustrate that to them.Appreciate the insight all.