A number of them also have starting tax values that are below market values.OOC taxes are low in SC, so are sales taxes on autos (capped at $300), gas tax is very low, car taxes are low...non OOC real estate taxes are on the high side (depending on your benchmark state).Market value depends on the buyer.  

Many private lenders will prefer to have few draws because verifying the benchmarks are met is something they are not familiar with.

But let's say that we go with your method, you only use Benchmark to sell.

Interesting....I didnt see that info before.I was just taking the data for those top 20 markets and the composite and growing them a 6% (which I heard from multiple places its been the national average for some time).So I took the bench mark of 100 in the year 2000 and grew it.

The managers that are subject to performance anxiety are the same group that managed to a market benchmark only to get tattooed during the downturn.

My goal isn't attached to a particular financial benchmark...I'm just not ready to sit around and do nothing. 

There should be some opportunities for A/B/C properties with your 1% benchmark for the next two years at least until the state financial situation is sorted out (new taxes coming).

You benchmark your plan against your most valuable alternative to test for opportunity cost. 4.

Some will require you to pay the interest through the term or another length no matter how long you hold the loan.What is your draw fee & benchmarks for the repairs portion of the borrowed money?

The big thing, in my opinion, is either keep your draw until each benchmark has been completed OR ensure you have solid legal recourse (i.e. the bonding, etc).