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Supply and demand, location, schools, jobs , crime etc were superior factors in determaining possible profits not the initial psuedo cap rate. 

Bravo-- yes there's far too much smoke and mirrors flying about.

So my guess is, the lumber tariff will raise lumber prices, reducing new home construction activity, further tightening an already tight housing supply.

Replace older water supply lines with braided stainless steel ones.5.

The second reason is that it incentivizes the wholesaler to lock down a smoking deal on the purchase price.

Now since we were replacing all the plumbing in the bathroom... we replaced the kitchen waste and supply lines as well.

I have a rent roll and 2015 expenses for maintenance, supplies, management, and utilities, which equal 63% of rent rollx12. 

Every unit needs to have their own hook ups and power supply.

•Brand new central HVAC•Brand new, upgraded electrical panel•All appliances less than 5 years old•TWO 40-gallon water heaters, less than 3 years old – enormous supply of hot water•Multiple rooms•Large brick fireplace and separate wood stove•Permanently installed ventilation/dehumidification system in full finished basement•Huge, 3-room paved shed, plus additional garden shed