It's going to be +/-50% but 45% vs. 55% when you're talking about $200K in gross rents starts to become meaningful.  

I think this is probably because meaningful connections take time to develop, and once you’ve made a connection with someone, it’s hard to remember that the only reason you made the connection in the first place was because of BP.

It would take more information about your situation/finances to be able to give meaningful advice.

As I communicate with other via the forums, I am able to make meaningful connections.  

In reality, there are no meaningful cap rates for small residential rentals.

Or show the house yourself and use some spark and personality.

Drive through neighborhoods and spark up conversation with crews you see already working on other properties.

Seriously, its just not a meaningful number.The fact its 8000 sq.ft in a neighborhood of 5000 sq.ft. houses makes it hard to value this place.

Again, this 6 yr old letter is too personal and too nice IMO, but maybe it will spark some thoughts for you.

I assumed we'd have more action here as well . . .Thanks for sparking things back up!