Here are some more tips to supplement the answers you have already: 1) Depending on your market you need to know WHAT creates or diminishes value.

The analysis used in any model should not be so complicated and intensive that it diminishes the economic benefit of the solution or complicate beyond the alternative process to a solution.Just saying, this thread is more about possibilities than what is practical for a small investor, maybe a bit of grandiose thinking, or just speculative thought in analytical approaches for the fun of it.

This money currently earns me about $2250.00 a month but it's PV could diminish if market conditions change making me look strongly at Multi Family RE.The money is in my S corp that is not related to REI.My CPA says to take a Distribution and form an LLC for REI.

We had to repaint the entire apartment and finally the odors diminished.

His animosity diminished, and he was smiling and pleasant.He did check the meter for me before he left, and it was as it should be.

love all the naysayers trying to spin this great deal in a negative light, or at least diminishing it. 

I would like to make sure that everyone on this thread knows that I’m in no way trying to diminish the importance of the property.

Uneducated realtors that lack investment knowledge, your chances of success diminish.

You can't make up lost time, and if the property is sitting too long on the market, it will be overtaken by newer listings, and diminish the amount of showings yours get.Possibly accept the lower rent for a month or two, and have the rent increase to your original price (put that in the lease) to get the unit occupied and cash-flowing again. 

Otherwise your tenant base will likely diminish.