So the premise "prices are dropping rather substantially in Washington D.C. related to layoffs." lacks merit in my 'blink' (think the book 'blink' - I am old) moment.

Old post but I figure I would comment here... my Company, Maven Cost Segregation has done studies on projects like this.

Glad you are setting aside money, but if the HVAC is 20 years old, or the septic system has never been pumped, or the roof is 25 years old, etc; you will get hit with a cost before your build up enough set aside.How stable is the other tenant? 

You have 22 properties that are probably at least 60 years old. 15% maintenance of $1000 rent does not get you very far when you start looking at big-ticket items like roofs, windows, plumbing, HVAC, driveway, tree-removal etc.I am doing this long enough here in Milwaukee that I own some properties I have rehabed twice.

When was it built, and how old are the major systems?

Its because there data is at least 2 weeks old, only covers around a third of the leads available from county records and is made available to every subscriber at the same time via the data update they receive from the data brokers and records departments.Keep in mind that any service that is receiving data is at the behest of the provider and this is certainly the ecase with propstream, propwire and most likely batchleads.

Bongostays is back with their same old video (same woman in it) as a new restructured company BeeSetups, just FYI.

In today's world, with the tools we now have, I tell the investors that I work with to invest in the best market and best deal you can.

Very few investors (young or old) started out no $$$. 

Design matters in today's investing world, and it's so important to get that design right on your projects.This is just one example of how bold designs are not always what's best for your flips!