Impact: Drives immediate, measurable business outcomes.

Be sure understand the reason for it, so you're not digging yourself into a deep hole here.Lastly, remember that cap rate is a measure of the local market.

For a core deal, I would assume it would be lower, but again, I don't know what they are doing to drive those returns.Relying on markedly lower loan rates is no guaranteeRelying on more core buyers is only likely to happen when pricing (as measured by cap rate) is higher than prevailing interest rates.Unknowns:What is business plan to generate those returns? 

The metric to measure whether it works or not is the CONVERSION RATE, not whether or not a deal was made.If your conversion rate is 0.03% (like it usually is for DMM), spending more money to get more mailers out does NOT change the effectiveness of that strategy.

It will cost you, but it will be worth the peace of mind going forward, knowing you won't be held liable for any half-measures taken in your renovation that fail and cause damage in the future.

The correct way to measure the overall performance of the investment would be through a Cumulative Return or Compounded Annual Growth Rate (CAGR).

I believe too many lean back on feelings vs figuring a measure for fact's, and end up with who had best marketing and than blames the sub-par experience on the venture as a whole. 

I think this might be a low point because the Canadian government is trying to pump the housing market before the election next year by lowering rates, relaxing mortgage insurance conditions etc.Yes they have been putting in all these measures to prop up the housing market as they see the pending implosion writing on the wall. 

This should include which areas you can access, what hours you can work, and any safety measures you’ll take.

It is very simple.IF and IF the GP uses 30 year financing (just assume this product exist), even with variable rate every 10 year, then this problem never exist.( The very beautiful thing about 30Y fixed rate for residential guaranteed by gov. is that the equity owner is forever in good shape financially ) ...So imo CRE is not speculative, but most investor has no clue to measure and understand the impact of interest rate, cap rate and short term / long term financing and fixed/variable debt.From an academic perspective, I agree with you...CRE should not be speculative but as @Brian Burke pointed out, for conservative operators, there were NO opportunities during this time period because all of the speculative operators bid up the prices to insane levels and they relied on rubes like me to fund this speculative bubble.