If you underwrote the deal according to your methodology and it netted 5-10%, you'd pull the trigger if the level of risk you're taking to achieve that result is within what you're comfortable with.

Hi, Cheryl, I know this is an ancient post, but I just happened to run across it and it's still relevant and had no responses, so I figured it wouldn't hurt if I chimed in.I'm a landlord and I operate a lead dust sampling business in Philadelphia, Delaware and Montgomery counties in PA. 

Do they look good but need new roofs, have soft subfloors and ancient water heaters?  

We would now like to refinance the unit based on Income valuation methodology. 

Western methodology to law is usually dictated by what is NOT allowed...and not what IS allowed.  

With this as a foundation you can appreciate and understand strategies, tactics, and operating methodology.3.

Hey Chris, I definitely see your train of thought on removing the ancient door buzzer system.

I guess it doesn’t help that I live in a very remote area with ancient, crappy homes.

Now many states that I'm familiar with have statutes that cut off ancient claims and interests. 

Do you think it would work in with your methodology and breakdown?