Of course that's much harder to quantify although we all know a risk premium exists and has to be accounted for.

I'm fairly certain that if you phrase the question in a way that allows for a more quantifiable answer, you should easily be able to find the data you need to determine if the trend actually exists.Sorry to be so analytical about this, but I have a major pet peeve with people thinking their daily observations necessarily correlate to what's going on at a much bigger level.

The sellers often state that they can't properly quantify those expenses so they leave them out.

Then it's a matter of finding a deal, partnering with a lender, and executing the project.I would rather borrow $100k for a fix and flip and have a quantifiable ROI in a reasonable amount of time, instead of an abstract ROI built on the premise of making you a more "rounded individual".Just my two cents.

You need to be able to properly value variable expenses, as well as quantify asset condition to be successful.

Make it quantifiable and realistic.

How does one Quantify the Value that was raised?  

If nothing else, this will quantify how bad you want the answer!

Generally speaking, I think it's a better call to follow the quantifiable metrics.If one of the tenants makes a fair housing claim and you can clearly show there was another applicant who was objectively superior, the claim will end abruptly.

One question I have is how to quantify something like "diversity of business types"?