Honestly make it high enough so that you are happy either way. 

The problem is the release prices are high. 

We lag the market's highs and lows, just plodding along with consistent returns.)I have agree with the author that Toledo real estate is priced very competitively nationally and our rental returns exceed the 1% rule frequently.

If I let it run its course the system prices regular dates too high and it prices our peak season festival dates too low.

The reality is that a property properly renovated to a high level and eliminating deferred maintenance that is also managed at a very professional level, can and will outperform a marginally renovated property with marginally good management.

I understand Columbus is a highly appreciated area, but do you think it is still worth investing with the small cash on cash return (sometimes 0)  if appreciation is expected?

I was going to go with "High net worth individuals (HNWIs) are those who have at least $1 million in easily convertible assets like cash, stocks, and bonds."

As a lender - 1) investors that are just starting out normally float towards high leverage/high rates lenders (lower margins and more risk); experienced investors normally go with lenders that can close fast, reliably, and with low fees.

It was high energy which made their pitch feel a little high pressure but I am still SO GLAD I went!   

By no means would these be exact estimates and they should not be solely relied on but with high level information, I think most sponsors would agree that they could provide feedback fairly accurate assessments within +/- 5%.