Basis rule of thumb is that for every $5/foot of Tenant improvement dollars given, rents can raise by $1/foot/year on a 5 year term.

Welcome, you will find some amazing in site and even more amazing people here at this site to get off on the correct foot.

So it’s not linear and I’m sure they do that on purpose.

In many real estate markets multi family price per square foot is lower than attatched single family price per square foot.

When neighbors complained about the lawn when grass grew to almost a foot tall, I paid him a visit, and found the once clean shaven man I once knew had a beard over a foot long and had not had a haircut for a good six months.

My strategy is basically to save enough cash flow in the next 3 years to get my foot in the door (between $18K - $30K).

The water marks are about a foot high and it is extremely damp in there.

For example if the building were to cost $750K do we rent per square foot or some other derivative?  

@Mario Martini What a great name:) , need more info to be of any help, generally turning basement into living s.f. is profitable(with permits) and can return around 65% of your main floor per square foot price.

But, charging someone who is financially making a difference with their income(rental housing) to their community in the first place is totally wrong and people in Oakland should put their foot down now to stop this before it gets out of hand worse then now.