I guess the subsequent cash flows would have more meaning for highly stable organizations signing leases and thus providing ultra stability to the investment.

I have seen some boasting of HUGE assignment fees that were 3x, 4x, or more that an agent would have cost them.

@Bryan C.They boast as low as 7.99.

Also-- do you recommend ultra or regular?

@Jim Hiler  I don't do ultra high end.. but I do some mid rise stuff and I did do one  5,000,000 dollar spec successfully.And I am a RE broker. 

I call it TROUBLE PREMIUM.A friend of mine has been buying ultra cheap houses for a couple of years.

This is an ultra high-risk loan especially because the market is slowing and lending is tightening up.

I initially ran the vacancy rate at 5%, but when we boosted it to 15%, that severely inhibited cashflow.The apartment complexes all around also boast <5% vacancy and they're not selling.I'm looking for advice on how best to evaluate this property.  

Anyways, fast forward to 2011 and those investors decided to liquidate their shopping centers and instead build ultra high-end luxury homes in Los Angeles.  

Once home to Brad Pitt and Angelina Jolie, this oceanside mansion boasts a private beach cove and stunning views of the Pacific Ocean.