Also it can be the most robust depending on the accuracy/certainty of your projections.But, in reality, the comparable (sales) approach is also used (in conjunction with the income approach).

If I was a licensed agent or a RE Broker, I'd be dusting off my resume and start looking for a different career, because just like the dinosaurs, taxi drivers and hotel owners,  they too will soon be extinct !!!

I'm torn on whether I should self educate and network or go to school and get a more "recognized" credentials on my resume to break in the industry.Can anyone in the industry give some feedback!

If this property is purchased, there must be a robust plan to bring the property’s characteristics in range of the overall market (reposition/stabilize).

Once you start building a resume, this whole game starts opening up. 

Send resume's   Pay is 10% of rents.

Get a taste for it, gain some experience, and then build a more robust plan later when you have a clue.4.

I started out using Buildium and it was great until I got to around 150 units and needed something more robust.

-also from a previous post, a pretty nice townhouse or patiohome, no more than 2500sqt.....unless its a prerryhome(=-x) low-qual......Usually 3 floors, absolutley zero-lotline & yard space....But some of them have Roof-Top Decks, a pretty damn good pieace of living if I must say so.....In Birmingham, Alabama: eh, pretty robust metropolitan city.....they are currently building lofts and condos downtown, from $130k+...bring some good demand in the area.....In the nice suburban areas, houses range from $250,000-million+.....so...I would say 250k would probably get you somewhere around mid 2000's to 3000 sqft. of good midrange quality materials to some highends.The advantage is that lots are usually huge, with good robust acerages chilling in the .3-.7 area.also...the taxes are generally low as hell...Thier tax system calculated by bulk of mills is somewhat inconsistent sometimes, jumping up and down in different areas....but usually ive seen taxes really low.

That being said i am motivated to close this deal, everyone wants to build thier business but it has to be at the right price, that is why I walked the first time but resumed negotiations when I saw the seller had reduced his asking price and still had no takers.I sent him an email last week with an offer price of 150, owner finance.