I question the reliability of MF comps when they say that they are good enough for the SCA but are bad for the income approach.

If it's a good enough deal, people will buy it.

Not quite $170K, but as Jack Miller used to say "It's good enough!"

If you are close, often it will be good enough and you will profit.FYI: In Real Estate, forecasted population growth and job growth are the two best predictors of price changes

If the deal can't afford to pay for work, then it isn't a good enough deal.Investors want you to get paid for all the activities that you do whether they realize it or not because it ultimately protects them.Kyle's advice of a preferred return is a great way of establishing credibility as is having some of your own money in the syndication right beside your investors.All the best,Chris

I wouldn't use that as a definitive tool to set my rent rates, but I think it is good enough to give you a reasonable idea of what the rents will be. 

There is a floor of 0% so you never "lose" money. the key is to have good enough gains that cover cost of insurance and more cash to borrow from tax free in retirement or more to leave to your family.

What’s more it puts the responsibility on the mentor being “good enough” or their wisdom being “sage enough” to enable you to pull the trigger on a deal.

I love having fences and while I prefer to buy with a fence in place if the feel is good enough I plan on adding one.

If you want to buy half a dozen and keep them forever maybe the insurance is good enough and you skip the LLC.