Look up 1969 Jones Ave for a depiction of what I'm getting at.

Sure you may be able to find some that cash flow by the thinnest of margins but I believe most that project to cash flow are depict cash flowing due to under estimating the cap expense costs and that with realistic cap expense estimates the best do not have cash flow that warrant the effort . 

So, your belief is not typically being depicted in the comps.I have posted numerous times about ADUs not being an optimal RE investment (i.e. almost all other RE investments will provide better return). 

There is always conflicting data between different sources, thus using an average to depict what 3/4+ different sources are claiming, is a fair way to analyze the number, still produce something with value, and learn more about the local market. 

Your ROE depiction clearly shows how this is a not a good rental.

James Wise I reached out to you, because your email bombardment suggested muscle and power in the local market, just as you so eloquently depicted above.After getting the unsolicited offer of $120k, I first reached out to an agent I used previously in that county.

Our balance sheets at any given time depicts a more accurate representation of the business and shows a fair amount of assets vs liabilities.We also maintain a W2 employment outside of this.

Therefore, I expect less cash flow than depicted by the 50% rule.  

Specifically, we're looking for:Easements, encroachments, and dedications: Clear understanding of property boundaries and access limitations.Liens: Any outstanding financial claims against the land.Preliminary title report: Verification of ownership and potential encumbrances.Survey: Accurate depiction of the land's features and dimensions.Utilities reports: Confirmation of available resources and infrastructure capacity.Soil tests and flood zone: Assessments of potential environmental challenges and construction feasibility.I'd love to hear from experienced members about other crucial legal documents to check during land development due diligence in SC.

Im now watching about 5-10 markets for investment and this seems to be an accurate depiction of where they are.