I could buy a fully occupied quad in my area that makes 2,000 month cashflow for under a 100k today . we have to take into account this is NEW construction.. not old construction that is selling for 25 to 30% of replacement value apples and oranges.some markets like texas you can still build pretty cheap  in the 60 to 70 bucks a foot range maybe for rental grade.we are hitting 100 to 110 in pdx and 120 to 130 a foot in for really nice in Charleston.so if this quad is about 4k sq ft with 4 kitchens  8 baths I can see just build cost being close to 400k for something new.. 

Just heard on NPR interviewing Ali Velshia) Surplus of apartments in NYCb) Pullback of foreign investorsc) 5% price decline avg sales price, 17% decline in salesd) Increase in inventory discuss?http://www.wbur.org/her...

As for how hard it is.. that goes without saying there is nothing tougher in the real estate game than this.. simply because you need to be proficient in all aspects  of the transaction.. so I guess you just have to decide which slice of the apple you want and how much capital you have to throw at it .. how much time you have and your sales and closings skills.. which again listening to the guys in the room these were no wallflowers..

Which I would run the MIRR on that decision to compare it apples to apples.Question is… am I thinking about the use of this $50,000 correctly?

I’m a fan of Apple computers.

Those you listed will definitely be in the consideration set for buyers looking at our area but they’re not apples to apples comps, given they’re mostly newer construction and in HOA developments vs ours being a standalone single family with longer history.

I was comparing apples to apples but apparently an LLC through another business avenue is treated differently than RE.

. - Unfamiliarity with the area/surroundings- Lower Rent compared to CA but I know I can't compare apples and Oranges (But I don't want to invest just to break even)------------------------------------------------------------------------ Tax questions ***Some state does not have tax on income(?)

Design a uniform Request For Quote (RFQ) worksheet so the contractors can compare apples to apples.   

But can't compare apples and oranges.