I am testing the theory now.2- I think we are around 5%, amortized over 20 years and around 75% LTV.

You could do a spot test to see what the results are while existing tenants are still there.

Run a test ad and see what kind of response you get.

Interestingly enough we had popcorn ceilings in that side that tested positive for asbestos and insurance covered the cost of removing that as well.

Argh, I was doing a photo test.

Good stuff - we all develop a barometer of sorts over our years of doing this and we can be hypocritical in how we apply our tests.

I can't seem to figure out how to get a space after starting the next paragraph.http://www.biggerpockets.com/blogs/4834-testing

My guess would be that if tested in court, the date the transaction was initiated by the tenant would be considered the payment date, even if it takes 3 days to post to your account.To summarize my opinion on this situation - think of it as a carrot and stick choice (like trying to get a horse to do what you want), try the carrot approach first, if that doesn't work, use the stick.

The best training on this is the CCIM program and they already have a very intense muti-page spreadsheet with that will compare different IRR based on differing scenarios.

So really you may need to rebuild your website every 18-24 months or more) - Education: We're continually testing pages with our members and rolling those updates out to Investor Carrot websites on the fly to increase conversion on your websites.