This is an internal document that can be modified at any time.Appraisers will look at sales comps but they will also look at the cap rates. 

They would basically be an internal lender.

They would basically be an internal lender.

Tax Attorney's normally deal with more complex tax related issues than a CPA.I would expect a Tax Attorney to be dealing with issues such as1) International Tax Law / Transfer Pricing2) Drafting a Private Letter Ruling(PLR) with the IRS confirming that a tax position they will tax is blessed.3) Confirming or understanding recent tax law changes / updates4) Taxation rules for companies who operate over multiple states.Best of luck

So I was thinking about doing something in the middle, such as:- Buying an apartment in a building that is no more than 5 years old- Search for an apartment that clearly needs renovation internally and that can earn force appreciation just by doing some rehabIs that a good strategy?

Personal; get married, purchase dream home, travel to Europe, visit an island, donate money/time to the church, compete internationally in Powerlifting 

If yes, then should have known the answer.If the attorney instead specialized in securities or international law, then it is understandable that they don't know the answer.Did you pay the professional for their time?

IRR is the Internal Rate of Return.

The limited number of international workers willing to work low income jobs during the summer months has definitely taken its toll on our area. 

In this situation, the tenant will move out once the lease is over, and you may be waiting a long time to fill the property at a lower rent than expected.Another claimed advantage of the property manager is that they have an internal maintenance staff.