The methodology for that study has come under fire.

I'm having a hard time with the S.M.A.R.T. goal setting methodology.

To be able to compare multiple properties (cash-flows) using CAP, the CAP on each property must be calculated using he same methodology to be meaningful.On a building like this you might be better off to compare it to its peers using the Gross Rent Multiplier (GRM) which is the ratio of the price of the property (cash-flow) to the annual gross revenue.

Looking at the apprasials they appear to have used a significiantly different methodology of arriving at appraised value. 

The problem with following Dave Ramsey is that by following his plan you will be out of debt, but it's not going to improve your credit rating, in fact his methodology will slowly degrade your credit score.  

So, they counter near $50K and if they don't get a contract, they'll often drop the price and start the process over.I'm not saying that this methodology makes sense -- asset managers often make very bad decisions in my experience.  

I am interested in your methodology for coming to that conclusion.

That book -- "The Book on Estimating Rehab Costs" -- lays out a methodology for inspecting a house, creating a Scope of Work (SOW) and then turning that SOW into a renovation estimate.I included a summary of the second book in the estimating chapter of the first book.  

This methodology will allow The Company the opportunity to evaluate the profitability of each property with each bid on the property.

I would like to expand my area, but I'm not as well versed outside the 2-3 areas I've focused on.So, I continue my search for the right methodology for my area.