Hi Jaron-I can't remember the exact measurements on mine, but 40sqft sounds close and I think it was in the $1500 neighborhood so I don't think you are too far off.

This also very much depends on how the individual measures success.

Hey everyone. Over the weekend I had a break in on a rental where the door was kicked in and copper theft. Is there any kind of security system anyone uses while their rental is vacant?Is replacement plumbing now goin...

  $ per sqft is one measurement but of course not enough to make a decision on. 

Housing at first glance appears expensive, but with a little analysis you find out that housing trades at only 4.5x incomes here making it pretty affordable measured against how much you make. 

She says, I will be in town in 3 days and would like to take some measurements at the place and will drop the lease off then. 

However you may want to comp it out by ROI or CAP rate or some other measure of financial gain.

(Yes yes, I know, price per square foot is just one measure of a property's value; consider all else as equal in this example - as if you had plucked a SFH with average upgrades/amenities from a neighborhood of SFH's and dropped it one neighborhood over.)Thoughts/considerations/advice/anecdotes on this scenario much appreciated; it's somewhat unique, I feel.Edit: Something else occurs to me - how much would you increase expected vacancy; time on market when I ultimately do decide to sell?

I am looking for information and recommendations for using a professional to do staged photos and virtual tours. i am currently rehabbing a 3-flat and its not finished. i would like someone to come in, take measurements, and do renderings or staged/computerized photos for marketing my units.I am not sure what type of individual i am looking for! 

He suggested the following as rules of thumb:Multifamily $100/month/unitSingle Family $200/monthCash on cash return 10-12% (annual cash flow/total cash invested)Equity of at least 25% (property value-debt)Total return over 5-10 years 15% (double the stock market) as measured by (total profit/total cash invested)/number of years1 or 2% rule-- rental income generated/purchase price = at least 1% or 2%Even if you know all these things, the webinar was a good refresher.