As I said, cancellations and refunds aren't the issue per se. 

Ok Brian used one term slightly incorrectly,  Cap rate is a valuation metric for MF properties, not a return metric, per se. 

If you are talking SE Fresno, or west of 99, it can be rough.

It's not a crime, per se, I'll give you that.  

I prefer my occult gatherings to be in a field with white maxi dresses and long dining tables, but really, what's the harm in people letting loose in the name of knowing t h e m s e l v e s? 

@Drew Hittner As an Arizona Property Manager with a focus on the SE Valley area I would struggle to be convinced this would be a good idea. #1 this tends to be a low crime bedroom community area. 

Not price.Cap rate = Net operating income/Price.Change the Price any way you want and the cash flow won't be affected per se.

No Pro Se.

BTW, my focus now is acquiring value-add MF assets in the SE -- primarily the Carolinas.

Second, people steal from unlocked mailboxes.Id say no one is at fault here per se, **** happens.