In that they will detail the scales they use, including at which level of renovation it's possible to get things "reset" so it is appraised as if it is a new built property.

Quote from @Marcus Auerbach: @Eric Bilderback - there was a time when I felt I really should "gratuate" into MF, but I never did and I wanted to or thought I wanted to at one point try and get to that level 100s of units. 

There aren’t many residential development companies operating at this level, which reduces competition and risk.

There is no such absolute rule or mandate for REI - it is up to you on your comfort level with your cash flow versus total investment versus appreciation potential.If I followed that rule, I would have missed out on a LOT of great opportunities over the years.We bought a house in Jones Valley in 2017 with negative cash flow - why? 

Is it single level?

Hey there.Wondering if anyone can provide some advice on what kind of indicators to look for on a neighborhood level.

I think some min level of regulation benefits everyone, including wholesalers who currently operate in no man's land. 

the good news is that you're in the middle of a "masters" level education at this point.

(Creating a contract to protect the both of us if things go south) Nippon Real Estate does a lot of podcasts and provides value for foreigners wanting to invest in Japan.Properties newer than 2000 are structurally sound to last a level 6 earthquake.

Assuming a 40% expense ratio, the net operating income at the current income level would be around $19,440 annually and $28,800 after renovations.At a $360,000 asking price, the cap rate based on current NOI would be 5.4%, which is low for a park with park-owned homes and required renovations.