I just learned that builders risk and liability insurance coverage can cease once a CO is issued for a new build.

Reverses are a little complicated and expensive. 

I wouldn't even consider a partnership with him. 

If they’re selling for a $400k+ gain they could look at a 1031 for:A super nice 2-4 unit they wouldn’t mind living in a unit of where the rental portion exceeds their 1031 sale. 

Just because a property doesn't measure up to a rule of thumb doesn't mean it's a bad deal. 

This is a really great post!

218K seems a little low for the area.

If the location is an A but the tenant paying higher rent was a B or a C then replacing the location with an A tenant at slightly less rent in some cases you can actually increase the value.Example if you had an (A) location QSR but tenant was Burger King franchisee and they went out the Burger King might sell at 7 cap.

I own a duplex and am selling it.

I see a lot of the same names pumping the same guru which makes me very suspicious.