It needs some work and I'm waiting to hear back from a contractor on how much it will cost to do the repairs (I also sent a low-ball offer that I'm willing to accept without a precise estimate).

Then, do a report for the account from the chart of accounts, and group by class, filtered for all dates.  

Patti's blog led me to the FMR chart https://www.huduser.gov/portal... with my zip being 80925 the FMR is listed at $3k for a 4 bedroom. 

In which case they would likely need more precise numbers to help calculate what those numbers would look like. 

Maintenance, property taxes, insurance, cap ex, eviction moratoriums, etc. have all skyrocketed and $700 per month in revenue will require precise execution.

I just found this post and it’s so detailed and very precise.

Thanks,Jeff@Dan Heuschele is right, 2-4 unit is valued off comps not income-approach of value, BUT it is still nice to draw up the terminal-end financials of your project to ensure you are in-line with the sold comps and get used to underwriting deals.If you just run rent & sales comps for your terminal product (what you'll turn it into/already renovated properties), you can use them to fill in a chart like this.

Such as the rental-data chart you mentioned, or this sales-data chart below to segment the $/sf of closes over time by the market tiers (High = top-of-market closes i.e.

I sincerely appreciate the kind words...One of the main issues with the audio books (other than cost) is the fact that our books have a good number of tables and charts, which don't translate very well to audio.

If you find one that will you better brace yourself for the rate and fees because they are going to be off the charts.