First, just like cap rates a majority of posters seem to have no idea what appreciation is or how to quantify it. 

Do you consider this in your analysis of a property or do you stick to quantifiable data?

If you get $300k cash now your risk is much less, of you receive no cash now then you have a greater risk.Let's quantifying the risks assuming you get $300k down payment:Due on sale: Bank decides to exercise "due on sale" & accelerate the loan then demands full payoff.

Instead look at the problems of "cost to cure" the issues versus what price the bank is wanting and ultimately what the fix up value will be.You have to quantify the time, aggravation, and expense for the expected return.

You asked a straightforward question, and it is strange that not one person even attempted to answer it with a quantified answer.

My main goal was honestly giving back to the BP community some analysis and profit maximizing advise I had not seen quantified before.

I cant quantify what your vacancy ratio is on a home with a one car vs 2 car because I do agree with above post that homes with 2 car garages rent like hot cakes.

The reality is it is hard to quantify the price level easily even though folks like to have the discussion.

Perceived value meaning that it is a value that cannot be quantified such as how much time, energy and headache/worry will be saved.

The bad is that they often don't have the other qualities we look for - employment longevity, high enough income, bank accounts, etc.People with pitbulls also have limited options, but we see this as a situation they put themselves in and indicative of being poor renters.What I have a hard time seeing or quantifying is how high maintenance a tenant could be.