In light of the new tax law, fewer and fewer will be itemizing. 

Never want to find myself renting to an aggressive or dangerous tenant again.

Even fewer that are on BP! 

Also, knowing the people that rent from you is a dangerous game.

Haven’t you guys been in danger of defaulting on your massive debt for years?

Hi Jack,Probably the Property Manager, because a good property manager will know the good areas and the dangerous areas, and may be able to recommend contractors who will work well with investors.Just my thoughts,Good Luck!

So that’s why cap rates are so dangerous when you look at them in isolation - they are a snapshot at a precise moment in time but they don’t tell you how your investment will perform for the next 5 years and it doesn’t take into account the economical cycle.If you really want to do yourself a favor, take a CRE financial seminar , buy books, educate yourself on financial maths and soon enough you will know why the veterans are never negotiating on price but on return (yield cap rate, IRR, etc) and you will do the same!

Fewer people also likely means less ware and tear however you will need to determine what type of parents they are when you do their personal interview.

If you get some of your capital returned, the amount of dollars added to the accumulation of preferred return goes down, which means that satisfying the distributions required to get you to an 8% return on your unreturned capital takes fewer dollars. 

Assuming this is a residential property (fewer than five units) your property value is based on comps- similar properties nearby, so rents are irrelevant to value.