Real expenses include depreciation, repairs, maintenance, vacancy loss, leasing fees, management fees, accounting fees, legal fees, all fees necessary to carry out an eviction (if necessary), postage, office supplies, HOA fees, landscaping, make ready upon tenant move out, etc.

While I don't believe it would be severely reduced, I'm sure the value would be affected.I bought the house for $550k five years ago (I'm in L.A.) and upgraded a lot of things so I am pretty sure that it would comp out at around $475k in todays market.I'm looking at stuff around the neighborhood and it seems that the supply is a little tight.

Have a friend who owns an office supply company and recommended Samsung Lasers, while the model I bought is B/W, I rarely need color as most printing is docs and contracts.

Well, for certain, the inventory or supply of multi-family dwelling is quite a bit more than Single family home rentals.

In your case, Jon, your fund manager should be able to supply whatever proof is necessary to satisfy a seller that they actually have the funds to close.

Or you can compare it with one you can get from the office supply store and compare.Angie

I am sure there is better printer and supplies out there than does not need me to be standing beside the printer and PC all the time.

About 6 mo ago I paid $800 for an Armstrong furnace and $275 for coils at Locke supply Co.

I sell electrical supplies and hear complaints all the time.

You could plot a graph of $/SF and $/BR but at the end of the day there is no set formula because supply and demand plays a factor.In general…the 3rd BR will add value, but since the total square footage is the same, it won't capture ALL of the value and it depends on your market. ie. the 3rd BR would be a plus to families, college students, but a minus to childless working professionals.You could triangulate rent prices from different angles and find an average.