@Rich Weese Would you recomend investing in 100+ unit apartment complexes?

:) Sorry if that is off topic a bit, but my point is that you just don't get that with a 50+ unit apartment complex...

Trying to do some research on what the expected number for an apartment complex would run.  

I tried to learn it but found it too complex.  

I'm in the MFR space owning multiple apartments and have built a financial model that I use daily to analyze mainly multi million dollar apartment complexes, but I help investors like yourself analyze smaller deals as well.

I have been seeing a few areas that have (or will have) large "luxury" apartment complexes going up. 

An eight unit apartment complex that its pretty dated.

Caulking is a minor cost and at the apartment complex where I worked we did not charge for re-caulking tubs, sinks, and tile.

I have a software development background and had worked on simulators (for traffic analysis) many years ago, so it seemed like a natural way to become more familiar with the interrelationship of various real estate metrics and produce a usable tool.Hi Roy,I'm curious how complex your modelling goes when evaluating the sensitivity of some of your input variables?

But, if the problem is severe and grading doesn't help, you should probably look into more complex solutions (foundation drain, dry-locking, water barrier on exterior, etc).I know a lot of flippers will say don't worry about it, but if you're trying to build a good reputation, fix it...