Conversely if you can manage to find long-term tenants, the rate goes way down.The moral of the story is that an accurate vacancy rate is certainly needed for long term projections however, the vacancy rate is also one of those things that is highly variable, and yet often controllable, where the most savvy find ways to manipulate it in their favor which translates into very real dollars.

During my time off, I didn’t want my trajectory to alter and I decided to dive into real estate investing head first.

However, I guess a leading technology company should be able to maintain secure long distance communications, conference calls etcIt could change the current landscape of real estate prices, and also alter the prices for office space.

This translates into being able to pull more money out or allows you to buy maybe a few bucks higher. 

For example, if you have an apartment that trades at a 5 cap and you increase the NOI by just $5,000 a month, that translates into an increase in value of $1,200,000 ($5,000x12/0.05).

I've never had an assessment altered from a purchase on residential, though.

While it's still rough, it's not far from improving areas and revitalization efforts.While that was definitely a factor, it's still a gamble if the city improvements will translate into appreciation for me.

. $10,000 worth of labor translates to $10,000 worth of contribution).

This should translate into much higher cap rates when buying. 8-9% is far too low for this class of property.You should also have the seller remove their relative before closing to avoid a fight.If it's too late and you have committed you are probably in for a financial struggle.How much are you paying for the property and have you allotted a minimum 50% for expenses.

The best way to "reinvent" the reputation of the property is to cosmetically alter the exterior so it goes from "murder house" to "cool vibe" house.2.