NOTE: A lower OER indicates a more profitable property as a larger portion of the income is retained after covering operating costs.Hope that helps!

I would tell anyone looking to invest out there that the area is definitely down for most product types (by product types I mean sizes of cabins) but the metrics are still very strong. 

Will add though, that a good PMC will immediately alert an owner about what their property really is and the expected challenges.Unfortunately, a decent portion of the time we do this, owners either don't want to believe the Evaluation Video we send them or decide to sell.

You said a portion of this dead tree is hanging over your garage still?

What would the size of the duplex be, 2,500 SF?

I am looking to allocate a portion of my investment portfolio into cash flow focused properties.

I base the price on a few factors - Room size, amenities and area average rents. 

Perhaps you get lucky if you are selling a small sample size but if you sell volume you will find this to be the reality more times than not.

Some of our deals produce out size returns, but most are in the mid teens.  

@Andrew Garcia, I would take a look at rents for a similar size (square feet and bedrooms) property so I’d have an idea of what the income might be.