Based on Micro and Macro local market and economics the ARV can be subject to many changes come time to get the appraisal for exit and many investors slip when it comes to margin to make the refi make sense.

Period.Likewise with flipping houses -- I've flipped a lot of houses, and it's safe to say that if, with the knowledge you can get for free, it's tough to lose more than $10K in many parts of the country (barring some macro-economic event).

Yes trump was probably seen as more pro business/real estate than Kamala but we also do not know yet what the past two years is going to cause in the next year or two as well as what other global and macro events can have a significant impact.

The biggest lesson I’ve learned from a macro perspective is to run your own race.

Thanks for sharing your knowledge For a rough calculation you could take the annualized P&I payments / the purchase price. 1256*12= 15,072 / 75000= 20% annualized returnI use a simple xls spreadsheet with Present Value (PV) macros to calculate my offers based on P&I payment and remaining term.  

Especially at a macro level, people aren't moving to New England, they are moving out.

Also, I think the various DST asset types and regions, has required that I learn about and pay more attention to micro/macro-economic conditions and regional RE Investment variables that I did not focus on, in the past.

I agree, seeing migration patterns coupled with insurance costs and insurability might be a good macro-economic indicator.

Over the years, I have 1) invested heavily in education (underwriting, financing, market analysis, asset management, identifying macro/micro trends per market, etc), and 2) developed strong relationships with a network of accredited investors who are interested in diversifying and jumping into the multifamily space.

The deal is more directly impacted by macro-economic factors than anything the sponsor can control.