During its pilot testing phase with Facebook at Work, the bank saw increased efficiency among teams, faster response times in its customer service, and many other positive results.

The pool had about 7,000 loans totaling $1.24 billion in aggregate UPB, divided amongst three pools: Pool #1: 1,963 loans with an aggregate UPB of $418,837,669; average loan size $213,366; weighted average note rate 5.21%; average delinquency 52 months; weighted average BPO LTV of 108%Pool #1 winning bid was 72.36% of UPB at 64.74% BPOPool #2: 3,823 loans with an aggregate UPB of $588,367,863; average loan size $153,902; weighted average note rate 5.32%; average delinquency 34 months; weighted average BPO LTV of 70%Pool #2 winning bid was 87.76% of UPB at 52.81% BPOPool #3: 1,224 loans with an aggregate UPB of $235,320,739; average loan size $192,256; weighted average note rate 4.90%; average delinquency 36 months; weighted average BPO LTV of 135%Pool # 3 winning bid was 54.75% UPB at 68.80% BPOThe weighted average of the whole offering was $177,251 in UPB and 5.20% interest.

Same way we always do, we'll innovate and invent our way out, and we are much better and faster at that game than Japan, especially in SF.

The heaviest weight between the two two approaches for a property on the market is the sales comparison approach to value, it reflects the current market value of comparable properties being sold. 

Your money will grow faster than it would by just investing it directly.

You hire a professional for multiple reasons: they know more than you do, they can do it cheaper, better and faster than you can, they keep you out of trouble, they have resources and contacts that you don't have and most importantly they free you up to go make money doing another deal while they do the heavy lifting of day to day management.If you think any of these examples is not true in your circumstance then you have the wrong manager.Find a good PM and let them do what they do best.

I personally dislike PROForma cap rate scenarios, but in generally in my market I think cap rates will go up rent is going up as less people can afford to buy a house, but rent is growing a little faster then home prices in San Diego, I don't know what area of new York you buy but I know new York city is getting similar, as is a renter metropolis thinking on the big picture cap rates will remain the same or go up, rent always goes up. almost there could be some terrible scenarios but in all terrible scenarios rental properties is still a great option.

Persistence is key across any strategy that you use.For example:  I've been told "no" by 8 banks, had 2 break in's at the same property, experienced a bank cut me off because they were bought out, and their new rules said they couldn't loan to out of state investors, had my "worth his weight in gold" property manager get cancer, recover, and move to a property management company that doesn't work with small investors like myself, ran close to out of money a few times, been jerked around by US Bank a few times, had to pay $2,000 for a CPA to do my taxes last year, etc, etc.Any one of these events could have easily discouraged me towards getting out of the rental business.  

Carpets will get dirty a lot faster even without accidents - the dogs simply track in more dirt.

I love it @Marcel Duarte, you have the conspiratorial leanings of a man 3X your age.The reason that housing costs continue to rise faster than wage growth/inflation/GDP is simple supply and demand.