Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.

Vendors who partner with Costco pay for market exposure and referrals, which often adds to the final cost passed on to the customer.

We develop and consult new developers through the full cycle of development.Financing differs from project to project based on your equity, land cost, construction methods, etc.

When they create costs they have to cover those costs.

In the desert it costs me LESS than $20 for water.

One of the biggest issues is probably borrower default—whether due to mismanagement, market downturns, or unforeseen circumstances, lenders can end up in long, costly recovery processes.

My gut feeling is it's going to cost around $4,000 to repair and has been there for ages.

That's three months of mortgage and utilities, the cost of flooring, and the cost of painting.

My thinking is that by renting to a residential care facility I can effectively utilize all the space, earn above market rent, and help provide a needed service, while avoiding tenant parking jams. 

You have to have exit values of single family homes high enough where build cost can work.