He has to hit certain markers that small mom and pops will never have to address in terms of yield.

Reminder that the mom-n-pop restaurant where the mom and the pop each work 70 hours a week, and at the end of the day the net profit they pay themselves from is $80k in total.

. - I didn't search for non-recourse, that just popped up by dumb luck. - The 3rd lender, on the right, with the best rate, requires that one borrower/sponsor be experienced in the asset class, and that they personally live local to the property. - 1 regional lender (Pima + 1 other county), 1 state-wide lender (AZ), and 1 national lender, not in that order, is represented here. 

Also run a small, literally mom and pop, IT business.

You can add a vacancy allowance in your calculations when you vet the property but you never know when something unexpected may pop up.

Just pop on Pace Morby they talk about it at length..

My hang up is getting to that expansion before issues pop up.Comps as is were $1.1 mil.

.- 10% Pop Growth over the past 10 Years- 10% Job Growth over the past 10 Years- Low Crime- High Appreciation- Manageable Entry Prices- At least 30% Renter PopulationHere's an example of all those rules of thumb with a crime map of Austin, TX.

You are relying on guests to properly build and control a fire.There is no way I would expect guests to be making a fire and keeping in in control.If you are in the Rocky Mountain west, fire danger is a real thing and one stray spark from some green wood popping could create a wild fire.

Here's a couple of them https://www.mcallenedc.org/https://edinburgedc.com/https://mercedesedc.com/https://sanjuanedc.com/You can google the city name and "economic development" and most of them will pop up.