Now there are sometimes some other factors that play into looking at comparable sales, but I think they should still be properly represented by comparing the GRM's.I really think the bottom line with commercial property is the income approach, unless you are speculating on appreciation.

For speculators, and some newer Realtors that so far have only experienced the mid 2000s and think that's how things work, the housing market loses for a long time.

The banks that stand strong today did not play the speculative paper game, and while they might have lost out on the huge profits of the bubble, they are still in business today!

This is all based on what youv'e said though i'm not an area expert.So your total expenses will be around 37-38k and your income will be around 58,800 at current rents (should stay low if you put them on NNN) so you're cash flowing around 21k a year.Not to say this will happen and i know it's speculation.

It seems like there are REI who speculate on an increase in values, and those that invest for cash flow (and both together would be nice).

In an attempt to recover from the huge losses on all the foreclosures (mostly from the rookie speculators betting on the come), lenders have come out with new criteria for loans.1.

Not sure if I should consider that in my analysis, or if that is too "speculative".

One can't make reasonable cash flow from that, so I think speculation is starting again .. but maybe people who pay these kind of prices for the properties that I paid for 230k, know something I don't.I am exploring remote properties acquisition management in places were one can achieve buy and hold strategy without relying on appreciation.I would live to hear from people who successfully executed such feat.How they located properties in far long places, how does one selects PM who will manage your properties without milking you (I had such experience with the property in San Bernardino, years ago)

As a speculative play?

If it was an automatic withdrawal from his account and the transfer occurred on the date that it was to happen then I would speculate that this is the date you agreed to accept the monthly payment, regardless of whether it is before or after your cutoff, and you cannot charge late fee.