Hi Jon,Thank you for your input.I understand the appraiser's intention is to derive a fair approach.

@Anthony PellousoThere is no such thing as an insult if you come prepared with facts and tell the sellers you need to earn 10% cash on cash return and show them how you derive those numbers.  

If only Lehman was really dead-the problem with everything right now is that all the major banks/financial institutions are so interlinked through the use of derivatives that things are scary.

I'm certainly no expert on retirement plans and their legal implications, but it sounds like in this case, your retirement plan would be directly benefiting you as interest-holder in your business (since it's reducing the business' debt), which would violate the basic tenet that there can't be any benefit derived by/from the plan.Again though, I'm not an expert, so it's quite possible I'm missing something...

He talks about investing in "Opportunity Zones," which are areas of land that the government wants you to invest in, and offers you the opportunity to have your income derived from the property be tax-free if you invest in them.

True science is derived from our unbiased scientific, largely academic, institutions.

He previously worked in risk tolerance for insurance companies, so they derive their estimates with a strong conservative approach and then also their current portfolio experience. 

I am going to have to read over this again, however upon first read the verbiage is intentionally very loose with the intent to derive stipulations on day only where there "are currently none".

Do the underwriting yourself, get to your year one NOI (with adjusted real estate taxes based on the sale and including cap ex), and derive your cap rate from thereCap rates in some major markets for 100+ unit dealsDenver: 4-5Colorado Springs: 4.5-5.5Atlanta: 4-5Charlotte: 4-5Raleigh-Durham Triangle: 4-5Austin: 3.5-4.5Lexington: 5-5.5

Also doesn't the seller potentially derive benefits from a wholesale deal if they cant find anyone to take the properties of their hands?