Our market is stable with strong job growth from major employers moving and developing here like Meta, Intel, Amazon, etc.

Even though I had a full size W/D on site, I still used this method.....

Find a few properties that are your closest competition (similar size, location, finishes).

Gross profit is interesting because it appears to just be the difference in his acquisition and sales price and fails to take into account the other obvious cost of running that business which includes, again according to him, the cost of over 26,000 letter print, mail, post, and the cost of the lists needed to create a mailer of that size. 

We own and operate a mid size REI and property management company in Marquette Co. (~300 units or so). 

About the size of a package of crackers, in rectangle form.  

I think if you're in it for the money, location in a decent sized metro with a lot of transient work force would be key.

The investors that I work with find that the financing for this size unit is that same as SF and they are able to cashflow nicely day one.  

She lacks the understanding that there are multiple GP partners involved in larger sized deals.

Unprecedented levels of investment in private and public projects have made Kansas City a major entertainment and employment hub.The Kansas City economy is diverse with numerous employment opportunities and a growing population.