Entering in all of the pro forma data for every multifamily property would take forever, so I am going to implement the 50% rule in order to weed out the good from the bad.  

Be very clear about what data you are basing your rental decisions on.Check the same social sites for every applicantEvery applicant should be treated the same, so check the same sites for each potential renter.

That... and several breeds on restricted breed lists have been shown to be less aggressive and bite less than other breeds that aren't on such lists- so I'm lost on how insurance companies (who largely work on statistics/data) have created such lists.

I am looking to make some local connections who know these markets and can confirm or correct my data.

I don't see too much market growth in the area based on historical data, however it is right next to Lenoir Rhyne university which enrolls around 2,000 students per year. 

Hey Guys,Just collecting data and really trying to decide on what/how I want to conduct my real estate investing business.  

Census data shows incomes in the immediate area to be mostly $30K or less per year.

Hi @Lowden Charles and welcome to BPIn my opinion that call will be driven by if you need to recoup your invested capital quick in order to move into another deal.If you lease option it, you could even get a slightly higher price for the house and a nice cash flow but you're likely going to have a good chunk of money into the deal for the length of the lease.  

Having been registered as an approved plan with the State, a proprietary system has already demonstrated through testing data that it meets or exceeds certain requirements.When utilizing a Proprietary Standard Plan Approval (SPA), plan check fees at the building department can usually be avoided.

If you are just going by the pro forma data, you can see properties that have 15-plus cap rates.