The IRR Looks like this:So yes, you can do JUST a Cash on Cash Return (CoC Return) and get the same answer as a 10 year projected IRR as in the image above.Also, because you are using a 10 year projection schedule, you really VISUALIZE the Cash Flows.

I’m looking into section 8 real estate and was unsure of what type of place to look for, so this gives me a great visual starting point!

On my request, USREEB sent a Structural engineer and this is from his report based on visual review: "The foundation walls of the house have experienced some common movements for a slab and the house shows signs of some stress cracks which have been patched in the past.

If you get someone that demands to see all the wiring and pipes they will demand holes get cut in the drywall for visual inspection. 

I screen with my eyes (visuals mean a lot. 

Within the last two months I did what I thought was making my home “renter proof” got rid of carpet, added new appliances, repaired and painted walls, fixed up the landscaping for some visual appeal.

I have heard a story or two of people having the management company sending video walk thru of day to day operation but a video may not be the best way to visually see things.

To get a visual, is a basement dirt floor, no entry, but private; 1st floor kitchen & living room, however they just threw a stove & frig, in a room, so, I would have to put in an actual kitchen; 3rd floor 2 bedrooms & full bath (its nasty and needs a full gut), 4th Floor is an attic that is like a full floor so it's a nice perk to store stuff; but the condition is beyond what I can describe...it's like you owned a building for 50 years and you did no renovation EVER and that's the condition. 

You can do visual inspection first though for certain properties.

I am mostly concerned about a visually respectable way to show the division in the two lots.