Marc very correctly pointed out that there are still a whole lot of people doing Lonnie deals so the idea they are dead would be incorrect when measured against that standard.

However, depending on what bank you select, there could (will) be more stringent overlays.

When this one started a number of measures were taken to try to stop the correction.

@Sean KuhnIf you put 12K of initial capital improvements into the property at purchase then I would include that amount in your initial capital cost (purchase + cost to put in service) and use that amount when calculating CAP, CoC, or any other measure of return.

Of course, if an opportunity to dispose of one of our properties, for a profit, arises out of plan, we would avail ourselves of the situation if it makes sense to so do ... there's always another property.We have taken measures to setup our property holdings such that they could be passed along to the next generation, while not irrevocably committing ourselves to that path.

Personally I like to have two or three options and I measure the risk for each one.

You should definitely check that out, Morgan.Another excellent book is Frank Gallinelli's What Every Real Estate Investor Needs to Know About Cash Flow...And 36 Other Key Financial Measures.

Start setting SMART (specify, measurable, achievable, relevant and timebound) goals every year and keep moving forward towards your bigger picture.Good luck

Over time, I've learned that the failure list isn't really a good measure of the longevity of a bank.

I could go on, on , on...but just a tidbit for inspiration...The ultimate measure of a man is not where he stands in time of comfort and convenience but in times of challenge and controversy...MLK Jr.