Asking 6.5 cap, 3% vacancy, 35% opex, touting rent growth annually of 4%.Historically you see 10% vacancy, 50% opex, maybe 2% rent growth.

This is a bit of a long read but wanted to share.If you search some of my post history going a ways back in a # of them I had a keyword alert set for Buildium and would try to help someone with the software if I could or tout the advantages it offered, simply because I do like the product.  

Which means I expect mortgage jobs in metro Detroit to be lower than they were in 2019 (each individual company is touting the line of "we're going to grow!"

But, I have a concern.Everybody I've spoken to touts that Cleveland is a cash flow market.

So that's why you have Marketing companies and Radio host in the major west coast markets whose business is to just sell these homes... you don't have radio hosts in Memphis touting LA investments or buy cash flow in Fresno ! 

So, if you have a full time job, 2080 hours per year, you will need to spend 2081 hours per year on real estate activities.I suspect someone touted the tax advantages of these properties to you.

The seller was touting 35% opex.

I hear Investors touting this TODAY (9/2/12) as a new development but I thought buyers with a short sale on their credit always had to wait a minimum of 3 years before buying again.

If you have it of course, you tout it as paramount.

Sometimes we all can get caught up in a little in touting our experience and expertise.