Class B value-add plays can be juiced up to attractive yields - 15 -17% IRRs if mark to market and updating classic units, debt quotes 2-3 years, 60 -65% levered, that include 100% of reno costs.

Have you ever noticed when something goes belly up there was a little voice inside of you that was saying ‘this just isn’t the right fit?’

Eventually they will still want to move to a more normal layout and configuration when the market allows it to.Some land the juice just isn't worth the squeeze for anticipated returns. 

I suspect repairs will take 12 months and I will need 2 years to get the tenants to leave. not sure if the juice is worth the squeeze but the ability to project year over year costs, improvement work and the final refi must be out there in someone's excel folder. or am I over complicating things? 

I'm just starting off my adventure so I'm here to learn for the most part.I have been listening to the Podcast A lot lately and its keep the motivational juices flowing.

(Tentants are: pizza chain, dentist office, salon, juice/smoothie bar)

Ultimately I'm trying to weigh if the juice is worth the squeeze.

Am I wrong in thinking this.Ultimately I'm trying to weigh if the juice is worth the squeeze.

I would never forget the juices that were flowing following this particular read. 

This is working out great so far, but I think there is more juice to squeeze from the property.