Show me the source and I'll point out the statistical flaw.

So it's hard to plan those cap ex   You can make an assumption based on historical data found Bureau of Labor Statistics.

Statistically a half bathroom is worth around $50k in this market.  

pid=2114Houston Real Estate Highlights in August, 2024:• Single-family home sales declined 8.3 percent year-over-year• Days on Market (DOM) for single-family homes went from 43 to 47 days• Total property sales were down 11.2 percent with 8,730 units sold• Total dollar volume declined 8.8 percent to $3.5 billion• The single-family median price was down 0.3 percent to $336,940• The single-family average price rose 0.9 percent to $421,912• Single-family home months of inventory registered a 4.5-months supply, up from 3.2 months last August• Townhome/condominium sales continued to decline, falling 16.7 percent, with the median price statistically flat at $226,000 and the average price declined 1.2 percent to $258,952.

I would like to see a statistic of how many experienced GP’s running a syndication hire someone off the street with no experience knowing they are doing it to go on their own if their is no pre existing relationship because of how bad they want it?

Those are skewing the statistics for Houston.

@Scott Mac you've got to know where to invest in Detroit to avoid getting taken advantage of or just plain making a big mistake.Detroit investing is block-by-block, which is difficult for OOS investors to do.Zip codes are statistically too big.That's why we've spent considerable resources ranking Detroit's 183 Neighborhoods. 

I don’t have exact statistics, but the IRS does scrutinize REPS claims, especially when they are used to offset significant W-2 income.

The Census called that “the first statistically significant decline since 2011". 

@Jordan MoorheadI had written out out a response that was documented with statistical evidence across the asset classes that are good ones... but on 2nd thought.