I don't smoke or vape or anything of the sort, but some of my clients do, and as I understand it, its an odorless byproduct.

I did want to go thru some of the steps to be prepared for acquiring portfolios in the future.I'm thinking I should slice and dice the data to look at:Counts and cap rate by city, by property manager, and by product (2/1,...)Cash flow over time and CAPMBPOs?

One bowl of beef noodles costs 1/10 the price of a bowl here.

Dinner is provided, beef wellington, prime rib, steak, it's never for lunch, never!

I want monthly cash flow and want to target a specific cash-on-cash return.So typically, I know people reply and give great ideas on how to beef up one's knowledge in real estate.

A normal byproduct of combustion is Carbon Dioxide.  

They needed to beef up their underwriting procedures, which they have done.  

My whole beef with you on this is that you keep treating everyone that points this out as an idiot loan underwriter with no experience in the industry.

Your method might be okay to estimate fixed expenses, but 1) those expenses will need to be multiplied by some factor to project future expenses, in which case the accuracy is at the mercy of your factor, and 2) this ignores all variable costs (or, even worse, you assume that past variable costs are a good estimate for future variable costs... if so, I hope that sounds a little off when you actually hear it out loud).As far as I can tell, the main beef people here have with the 50% number is that it seems too easy.

What is funny is elthanol isn't that much cheaper then regular gas, not enough to make a difference that people pay on the milk or beef .