As the very least, the cash on cash return should be up in double digits, if not 20% or better.To cycle back to cap rates, consider what this really means.

I've got some digital reference files in the office, I'll try to dig them up and post.Cheers,Mark

digital Omni channel promotion/marketing is a must.

But they have my home address wrong by a digit.

With that being said when interest rates were two digits (up to 18.5%) good homes were sold just as quick.

My advice is to get into this area before it experiences more double digit appreciation growth.

Think like managing hotel from remote while you are super busy with 6 digit W2 salary.

Another great book is Dale Carnegies How To Win Friends and Influence People In The Digital Age.It is not true that investors are not loyal.

There are plenty of multi family properties that will provide cash flow in West Oakland that will give you a return on Day 1, or perhaps with a value add component to give you double digit CoC returns. 

See if you can get him to admit failures on a covert digital recorder....