Since I invested in both markets I think I agree with all these sentiments.

I agree with your sentiment that depreciation schedule is higher than what we’re allowed, but that’s no different than saying it makes no sense that building value resets fully when a property is sold to a new owner.

They are not better or worse.Cap rates are a function of risk.Lower cap, lower risk, higher cap higher risk.Do not confuse risk with a sentiment of good or bad though, risk is neither.

Lenders may respond by adjusting rates to account for these increased costs.Market Sentiment: Investor sentiment and market perceptions can also play a role.

Now knowing the basic (lease option) numbers range... it's OBVIOUS that if only +/- 20% of these deals CLOSE (since many / most will never 'appraise' for the 'optional' buy price, nor can many tenant buyers bring a 5- 20% check to closing, even if "sentimentally attached!?")

Bittersweet moving a home with so much sentiment.

@Alex Molina - I agree with all the sentiment.

I asked because it seems contrary to what I know Kiyosaki did say, and I would like to understand the context of the sentiment if/when/where it was used.Thanks for your time.

I mimic the above sentiment but I Would say don't hyper focus on crime as an initial qualifying factor.

I am actively on the hunt for this exact type of documentation and/or direct sentiments from others who worked on this property throughout the course of the renovation.