In other words, If I want to build a property and I came to the conclusion that the exit value was "x" (for whatever type of property is was), then as a builder/rehabber, etc., would you typically value the land at 20% of "x" ?

Jumping to conclusions is no bueno.

. - the cause of the flooding was not precisely revealed, although @Katie DeLorme did post the other quote that wasn't conclusive; it's quite possible this tenant caused a tub or sink to overflow to result in the flood.

It’s just not worth it in the long run.Once you’ve come to this invariable conclusion, you’ll need to know what to look for in an outside Property Manager (“PM”).

Another thankless thread ends up up to the conclusion of my first post.

So I've come to the conclusion that I need a brokers license.

And because we bought the properties at almost the same time as her friend, but held it 10-12 years longer, we enjoyed appreciation of over $300,000 more per property, compared to her friend.Our conclusion?

I think you guys came to the right conclusion, for now, since I do not have assets or lot's of money, it will be fine to get the first properties to my name and re-evaluate the situation later on.Thanks

Brian: I came to the same conclusion many years ago when living in Cabo San Lucas.

Others with a higher worry factor might come to a different conclusion.