It's good that you have an estimate to compare apples to apples.

Thus make sure you're comparing Apples to Apples.

I'm evaluating a number of different real-estate investment decisions and am trying to figure out what is the best indicator of returns that I should use to make "apples to apples" comparisons and prioritize my investment choices based on those returns. 

Don’t judge based on comparisons of returns alone as they are never apples to apples.

I know Apple is opening a large campus near my house in Sunnyvale soon (separate from the more well-known Spaceship) and I'm sure there will be some interesting developments due to that.Thomas S.

For these 1BR apartments, you'd be lucky to get $600 per unit, and it might be closer to $500, depending on how nicely you renovated the building.Third, you aren't going to find good comps for ARV because you won't be able to find apples to apples. 

Unlike @Michael Swan I am comparing units in the same location (all units in San Diego) versus Swanny is comparing San Diego SFR to Ohio MF which is a bit of an apples versus oranges comparison.  

This helps me a) learn more about cost of rehab as a new investor and b) compare quotes on an apples to apples basis, and c) avoid surprises.Some GCs refuse to send me a detailed quote.

@Kurt GranrothI keep about 82% in the business checking account and invest 18% in either Tesla or Apple on a monthly basis.

Also look at the math, what return could you get if you deployed the money, others will encourage you to leverage to the hilt, but I would look at what your return would be if you bought residential properties with the cash from the sale for an apples to apples comparison, because you would likely use a 1031 exchange.