So every month you fraction the total cost of the power bill by the usage per tenant.

Best bets there could be Zillow's API, but that's obviously a fraction of deals. 3. 

Or use a commercial fractional product like a TIC or a DST as a fall back.5.

They will likely be able to patch you up adequately at a fraction of the price of replacement.Good luck, Michael!

But the revenue is a fraction. 

If you don't want to learn the laws for lending, you will be better off giving your money to a professional and taking a modest return because you will end up loosing it, paying an attorney to prevent or clean up a mess, or violating the law.Take a fractional interest in a loan with a seasoned private lender. 

Beyond that it would be amazing to do updates including en suite bathrooms, the kitchen, the basement could be turned into another unit etc but those are ideas for when the initial renovations are completed.My question is what are the strategies for not paying absurd prices for work that could be done with the same quality but for a fraction of the cost in more reasonable ZIP codes?

Give them only a fraction of your funds, say about 50% give or take.2) If you personally want to invest in real estate, then you have to figure out a few things like: how much time you can/will spend on it and what you want to do.

Otherwise just initiate RUBS at fraction of the cost.

But my portfolio is a tiny fraction of 100 million dollars so I can appreciate how things look different to you.To circle back to the original post, I think @Michael Wagner point about markets is pretty spot-on.