Also, you should define if cash flow or appreciation are your goals, as that will dictate the area of Georgia you decide to invest in.

Using the cap rate formula becomes straightforward once you grasp its components.

•Is the cash flow percentage indefinite, or does it have a defined period?

We toured their facility & having done a lot of rehab etc I was impressed with the construction & designs.At the time we visited they were building components for a commercial with high end units above a store front strip that was very well done.

The more challenging part is the financial conditions component over the actual MCR..

First, allow me to define small value-add Multi-family, I speak with a broad brush.. anything legally zoned duplex up to 50 units (I'm excluding Class A-B big MF) To set some context, most of the investors that reach out to me are not from Charlotte, or are not intimately familiar with the market here.

Do you have a ducted heating system, is it a system where all components have failed or just the seperate AC unit.

I’m defining general light work as plank flooring, painting, minor electrical, etc..For example - is it fair to estimate flooring labor as $3/square foot?

In our case, we define 10 to 12% of the ARV in profit as a good deal.

Some people define "benefit" only in monetary terms.