Interesting benchmark and curious how my property stacks up vs. that metric.Gross Rental Revenue divided by (PITI + utilities)   = 150%?

A higher cap rate generally indicates a higher risk property or a property with lower potential returns, while a lower cap rate indicates a lower risk property or a property with higher potential returns.Investors often use cap rate as a benchmark to compare the relative value of different commercial properties.

This is often called the 1% rule, and it works fine here in my area.Not sure how well it will work in yours, but it's worth knowing about as a benchmark for buying single-family and anything up to a quadplex.

- What are benchmark figures for the cost of legal formation for the two entities?

Take a look as benchmark to other markets to see what is offered.

Evan,  The 30% benchmark is very helpful.   

@Cameron Whitehead What is your benchmark for evaluating local vs out of state deals?

Hey Zach Storage facilities are an excellent vertical for taking advantage ofaccelerated depreciation.Example of 15- year assets: landscaping, parking, sidewalk, curbs, fencing, site lighting, security system, drainage ditches and collection basins, monuments, signage, and much more.Lets get you a benchmark so you will have a real good idea of what your cost seg benefits potential is.What say you?

Get an experienced operating partner; have him contribute a moderate amount of capital for a minority ownership stake, and allow him to acquire more equity “units” if certain target profitability benchmarks are obtained.  

Also as benchmarks are reached in terms of adoption, utilities can renegotiate net-metering rates to pay less for the excess produced by a solar system.