There was positive population growth, medium home price growth, low unemployment, good rent to home ratios, and low crime, all of which are factors when I start looking into an area to invest in.  

The home doesn’t burn but the surrounding neighborhoods and town does, severely decreasing the value of our home3.

According to the Planning Board, the intent of the RM-2 Zone is to create, maintain, and enhance residential areas characterized by a mix of single family homes, duplexes, townhouses, small multi-unit buildings, and neighborhood businesses where appropriate.I'm assuming by definition I am zoned to convert to a triplex?

My vision for CountOnCam LLC is to be a company that would like to provide a shared housing experience for women and children, immigrants, and low income families.

Things are going well so far - I am using Grant Shipman's model (LivingSmith) instead of padsplit, which works great for me.How nice are the neighborhoods you invest in? 

So, to get 10+% cap rates, are you open to buying gut-rehab, Section 8 properties in C/D neighborhoods in the Midwest?

The denominator in the calculation is your capital/equity and with no debt the return on your existing equity is low.

They use leverage in some of their funds, which can increase returns, especially if they have a low cost of capital (but potentially increase risk and trigger UBIT issues).

When I looked at prices recently they look like they've gone up quite a bit but I know they vary a lot depending on the neighborhood. 

It possible that the market will stay low for a long time.