Laser tape measure, or a real one to measure rooms.Bolt cutters or a small tool kit that goes in the car.Powerful flashlight for looking in dark homes.A few spin key boxes to put on vacant homes.Books on real estate, like The Millionaire Real Estate Agent book, The One Thing, or The Millionaire Real Estate Investor.Some kind of BP subscription or books.

Instead of comparing beds/bath counts to listing price, I would instead figure out a good metric to measure progress with.

Meanwhile, my suggested steps 3-4 are completely ignored despite offering the greatest preventative measures not to mention providing huge cost savings over time.

It is always recommended to do a cost benefit analysis before doing a project to determine the feasibility.Whether using private money or not the cost benefit has to be addressed.It will affect investment and equity when measuring profit.

This measures the servicing sector which accounts for 2/3 of our economy.

Which to me is an old over simplification measurement of an investment property, it's only one metric.

Both of these metrics are used to measure, or determine risk when financing commercial property or making a commercial mortgage loan.LTVThe loan-to-value ratio, or LTV, is a measure of the relationship between the loan amount and the value of the commercial real estate (collateral).Calculating the LTV helps commercial real estate lenders determine both the qualification of a borrower and the proposed terms of the debt being considered.LTV = Loan Amount / Appraised ValueBe sure to understand that the LTV will be calculated off of the appraised (market) value of the asset.

Well, the Managing Member, the SOB, upon a receiving a large capital gain from sale of property [a §1231 gain] took the unusual and selfish step of grabbing most of the proceeds [damn the OA], and for good measure allocating a lot of gain to Members [again, damn OA].  

Yes, in a perfect world, NOI is the correct measurement of value. 

I'd have to wait for an opportunity to get in and measure.