If so I would go to 60% of expected gross rents.I will go 55% since you took 5% off the top for vacancy which I would not use as too light a number for my taste.78,000 x .55 = 42,900 78,000 - 42,900 = 35,100 NOISo without any immediate CAPEX needed to the property which I would deduct from the purchase price I have 351,000 at a 10 cap.Seller is saying 36% expenses which MAY be close if they do their own property management which would save 6% so expenses would be 42% but if landlord pays utilities it Is still way off.Doesn't matter that they seller can produce actual cash flow numbers to support it.

One investor in SoCal would do minor but very tasteful landscaping in the front yard to really WOW the curb appeal.

Not sure, but a bad taste in the mouth for sure.4.

I found them to be in poor taste, classless.

I got a "taste" as a kid and than just jumped in. 

The latter title is rather broker-centric for my taste, but it has good information nonetheless.  

Those red knobs definitely make an almost unforgettable statement!

Plus, it is a sure fire way to leave a bad taste with the gossipy real estate community. 

Factors I can't see, touch, taste, or control cause wild oscillations in the market that are completely irrational.  

The venue I have in mind is NOT suited to most peoples taste.