@Austin Faux : If you know of people doing rural wholesaling, I'd welcome an introduction.

Some of the things you will want on that summary sheet is:Capital StructureSources & UsesInvestment Attributes -prop name, vintage, risk profile, units, purchase price, exit price, acq date, exit dateUnit MixDebt HighlightReturn ProfileReturn sensitivity to hold period & purchase priceFinancial Summary (by year)Cumulative Return on Investment** all of this info should be already showing somewhere else in your underwriting model and you just have to link it to this new tab so it auto-updates as you change assumptions in your UW model.

I guess with gold you could make jewelry...

I used to build vintage race bikes.

Sounds like that area is very pro-tenant.What vintage is this 28 unit??

In the case of having to sell as an exit strategy I believe the renovations could make up for the layout most of the house is still vintage 1970's.

If that is your biggest faux pas in being a landlord you're doing great 😊

Forget money, real estate, cars, houses, jewelry, etc.  

If an area that cash fauxs is only selling at 5 times gross rents (say 1,000 rents selling for $60,000 5 GRM) but the same market rent of $1,000 a month is selling for $120,000 10 GRM ya gotta ask yourself why.  

I can't speak specifically to the markets on this list, @Chris Clothier, but I can say that here in California the vast majority of foreclosures are still in the 2004-2007 vintage loans.