The closures arrived at a time when Phoenix's retail market was tight, with space for expansion becoming increasingly rare.

My timeline for turning over vacancies is strictly four weeks, which is the maximum acceptable period between a tenant moving out and the arrival of a suitable new tenant.

Guest checks out, cleaners arrive to clean, conduct post stay inspection, and reset the home for next guest.

In conclusion, while most of the USA began experiencing an economic and real estate boom from 2009 and onwards, following the 2008 crash...Waco remained an economically depressed city.

Drive to Silicon Valley ( two hours driving a day ) , work till 7:00 or so, go home and crash. 

. $550  / mth * 8 unit = $4,400 * 12 mths = $ 52,800 GRI  ****not $53,800****The formula for CAP = NOI/PriceNOI = [GRI - V&C loss + OI] - EXP  *****You did not subtract for expenses to arrive at NOI nor include a vacancy and collection factor****Assuming expenses are 50% and 100% occupancy (which 100% occ is not realistic all the time).

When the day to sign the lease finally arrived, she called me and said she had to back out.

Baby girl arriving April 2025!

This thinking contributed greatly to the market crashing back then and no lender in their right mind would evaluate a deal in this fashion.Lenders will always base value on the lower of the appraised value or the sales price.  

or just take my own pic when they arrive to move in?