That same $100,000 investment in the S&P 500 would be worth $255,000 on March 1, 2017, as illustrated in the chart below.                  

Clear illustrations, user-friendly, excellent resources.

The triplex next to mine is a good illustration.

The table illustrates different type of real estate business model.

. - Ah, that does illustrate the first of my assumptions that is wrong. 

Here's the math i'm just gonna use easy numbers to illustrate: Say the depreciable basis now is $27,500.

Basically, he recommended to create site plans that illustrate the best possible use in regards to your zoning.

It has taken me a while to come around on this thought process and IRR sensitivity tables provide a nice illustration...they show the investor IRR under varying stressed scenarios. 

At the Berkshire Hathaway event this last weekend, buffet illustrated this best.

So with my way of thinking it still has worse cash flow than the Midwest RE.However, it has the property appreciation which has produced a better return on investment for financed buy n hold in the fast appreciation markets than the Midwest has historically produced.I will use our best example to illustrate: Duplex purchased in 1999 for $375K at 80% LTV (to avoid mortgage insurance: at the time you could get financing at higher LTV), so $75K plus closing costs.