Quote from @Elizabeth Orth-He: Quote from @Andrew Street: Hi Elizabeth - I know how tough it can be to manage laundry for a 6BR rental, especially with high-quality linens and tight turnarounds.

if you are going to do things like include utilities, or have an off street parking spot, other amenities etc, there's no reason in my mind you couldn't "charge a premium" for a premium unit/service. 

Are you aware that over 80% of Wall Street / Stock market companies DONT last that long?     

I am wondering if I should just use the garage as your typical garage as it just has my washer and dryer and space for my car, but I usually just park on the driveway/street.

Off street parking. 5 minute walk to center city. 

Years ago I spent many months working in Indianapolis and staying at the Canal Street apartments. 

I am going to see if I can switch to a local Wisconsin insurance that reflects our local risk level in their premiums.Many of the homes in the Pacific Palisades are 3-5 million, but when you look on Google Street View, most are very modest homes from the 1960s (there are some $20m ultra luxury mansions too), so a lot is the land value, the home replacement value on a 1600sqft may be what - 500k at the most?

@Robert Quiroz I think all of the factors you have listed might contribute.So I’m not going to comment on that but I am going to comment on an assumption you made.If 85% of rents are below market on deals you underwrite then those contract rents are probably THE market rent.You can’t just go based upon area median income to rent ratio.First off urban areas are oftentimes street by street, block by block.

It's not what I would call a super rough, probably different street by street, and would most likely depend on the neighbors right around the property. 

By definition, these type of loans are not the same quality as what is traded on wall street.