For instance if you allow early period redemption's in a pro-rata fund, the liquidation of an investment may have consequences of the return for other investors.

If stated the other way, post yoru area zip code with the cost to build being lower than the median price, you will have a short list.For instance, you can buy in Vegas at $45-$50 per square foot, yet the cost to build is well above that at $80 so building makes no sense there.

Is that a conservative estimate and is there some upside potential to decreasing expenses (for instance, adding a RUBBS system).Next, 12% return where I have to self-manage is too low for my tastes.

For such instances, I would take the normal ARV of this home and reduce by a bare minimum of 15% and likely 20% just to keep me safe. base your offer price on the lower adjusted value knowing you have to disclose which will chase away a large % of your buyer's pool, regardless of how nice the area/neighborhood is.

But it was built in 1951 by Mies van der Rohe who is famously quoted "less is more"http://maciejratajski.blogspot.com/2009/12/farnsworth-house.html

For instance, I have seen many buildings that were in the C class range of years old, but had B class ammenities, area/location and had captial upgrades which made the building a B class, even though it was older than standard B class buildings, so you do need to make adjustments from time to time as you can have a cross bewteen classes on the same building.

For instance, if your father is responsible for operation of the company but due to his illness does not complete his defined duties it might be possible to pierce the corporate veil and go after him personally.

For instance large net profits can arguably be from your purchase process however perhaps reduction in construction costs is from him.

I haven't bought anything in the last year but a few guys I know have been pulling their hair out losing to multiple offers again and again.I have seen instances in the past where I am pretty sure the owner occupier was an investor.

For instance if a home needs a new roof because it has a hole in it and the roof costs $10 and other similar homes with complete roofs have sold for $100 and you wish to make a $5 profit, then you need to purchase the home at $85.