.$1,100    Let's round to $1,100 NOI per unit.Valuation:I don't like CAP rate, but. 

Your cap ex will catch up with you.  

Bang on here!

That cap gains is "Limiting Housing Inventory". 

Been looking into building out an IDX lead generation website and I stumbled upon software called Mashvisor, it claims to integrate into your IDX website and calculate Cap Rates / Cash Outlay, Etc etc.

In this market outlook report, we will take a look at the current and future outlook of cap rates and interest rates, the market fundamentals for the multifamily sector as a whole, the falling net deliveries and vacancies of multifamily units in the coming years in the D.C.

Quote from @Clayton Silva: Quote from @Jeffrey Blackman: Quote from @Clayton Silva: 2nd position HELOCS on investment properties are typically capped at 70% LTV and have rates ranging from 9-11% just a heads up unless you use a local credit union where you have cash on deposit with them. 

@James Hamling is correct about those cap expenses coming. 

If you were going to focus your time on learning something, I'd say getting familiar with a bookkeeping platform (like Quickbooks Online) would be the best bang for your buck.

What are your buyers doing for debt if you're assuming a 7 cap?