But I would like to suggest that the reason most RE investors do best locally is because they see and recognize the increased activity with their own eyes and read about local changes that impact neighborhoods or areas in the local newspaper...or before, which is why local officials often own prime property when roads are announced.

@Simon Ruiz I think it would have at least a small impact for sure, economically if a tram cut a 2 hour commute in half and the average person makes $25 an hour plus say $5 in gas that's $60 round trip.

Review and approval of the documentation concerning the property; Completion of satisfactory physical and environmental inspections of the Property; including suite inspections.Completion of satisfactory due diligence search and examinations;Satisfactory review of the title of the Property;Satisfactory first mortgage financing being arranged for the purchase of the Property;Satisfactory second mortgage being provided by the Vendor for the purchase of the Property;7.

Each home yields the same 13% cap rate but you also need to deduct the cost of borrowing the money from your bottom line.House # 1: Price: $100,000 Annual return after expenses: $13,000House # 2: Price: $100,000 Annual return after expenses: $13,000House # 3: Price: $100,000 Annual return after expenses: $13,000House # 4: Price: $100,000 Annual return after expenses: $13,000House # 5: Price: $100,000 Annual return after expenses: $13,000Total Portfolio: Price $500,000 Total return ($13,000 X 5): $65,000Total Interest: ($500,000 X 4.5%) $22,500Total tax savings ($500,000 X (4.5% X 35%)) $7875Effective Cost of interest ($22,500 - $7875) $14,625Total Profit: (Total Property Return - Effective Cost of Interest) $50,37550.375% Cash on cash return.Notes: Of course there are a few factors not taken into account as well as other over-simplifications with this model but it is meant only to prove the point of how leverage impacts return.

Proper due diligence includes an Asbestos Survey, Lead (paint and ceramic tile) Survey, Property Condition Assessment (ASTM E2018 - I helped write it), and for many properties, a Phase I Environmental Site Assessment.

And, anything we do in cutting off Russia will have an impact on us as well.The way to justify that no action should be taken will be by stating that Russia was requested to enter to protect its related citizens.

If both are working, clean and don't have any issues, your buyer's inspector is unlikely to flag them at this point.As for biggest bang on appraisals, there is very little in terms of inexpensive stuff you can do to impact the appraised value.

Obviously I'm not familiar with your particular neighborhood, nor do I know if enclosed garages are common there or not, but in most areas an enclosed garage will actually increase the value of the subject property (but have little to no direct effect on the rest of the neighborhood).Unless a neighbor's new garage would somehow impact your property (i.e. block an existing desirable view, encroach upon your property in some way, etc), I don't see a need to be overly concerned with it.

A palm nailer and an impact driver have proven to be very useful new additions.

Are your other projects negatively impacted if the completion schedule is extended on this one.Just think of it in terms of being a GC.