Your explanation was was very helpful.

@Seth Borman  I also need an explanation of 200% efficiency. not sure how you get more then 100% efficient.

I am pretty much doing all the same things, we also help clients facilitate numerous different strategies.

While we may see multiple reduction/cap rate decompression, top line revenue and NOI growth will grow at a faster rate, which is the numerator in the value equation (NOI/Cap Rate = Value), so we will likely see prices continue to rise or at least stay flat.

Tenants are required to upload numerous documents relating to their financial situation, etc., which leads to questions, delays, foot-dragging...I have a few applications submitted, but have not received any follow-up from the state on processing or approval.

Every year you own the property you should have more equity through the principal being paid down on the loan (by the tenant) reducing the amount owed on the property, and the home appreciating over time.Let me go through a numeric example with you on these builds specifically.We will use a new build that is priced at $238,000 that has an estimated market value of $285,000 upon completion which is typically the range that we are seeing with the new builds we are working on. 

Any help/explanation/resources would be highly appreciated! 

She has split her "discount" between the tenants and, just recently she had her boyfriend move in with numerous vehicles, a great dane, etc.  

@Mike MedinaToo many variables...basement or no basement....simple truss roof system or cut up with numerous gables and vaulted ceilings....viynl siding or brick and stone....covered porches or treated decks....i could go on.Do you have a set of plans drawn ?

The condo owner finally had to evict after the HOA imposed numerous fines on him following repeated demands to keep the noise down during quiet hours were ignored.