When we sell timber rights, it's land we are not actively doing any form of any operation on. 

OTRCH operates a couple of what I call "wet rehab" centers meaning congregate housing for persons otherwise homeless and there are several other agencies like "First Step House" etc. that might be interested in a presence in this block.Or you could cut your losses and put it back on the market under the "greater fool theory."  

We complete renovated and turned into a successful operation with a current 11% rate cap. 

So your 35% operating expenses makes sense and seem plenty conservative to me.  

Learn about the Net Operating Income (NOI) and Capitalization Rate (Cap Rate)—these are essential to analyzing the potential profitability of a property.Return on Investment (ROI): There are different ways to calculate ROI in real estate, such as looking at your total return after a sale or assessing your rental income versus initial investment.

Gross rental income divided by 2 (50% op ex ratio) equals net operating income. 

The key is to pick a lane—focus on improving as an investor, finding great deals, and letting a solid property manager handle the operations.

Your continuous efforts of slander won't do anything.

Let us know how we can continue the conversation!

Commercial Revenue Generating properties like office buildings, apartment buildings, retail centers, etc (banks call it "CRE" lending) are typically evaluated from their net operating income, not gross.