The different was "brain equity" versus brawns equity.

This is typically just a question of cost versus return.  

If you want great cash on cash and NNN most of my clients are going after multi-unit strip centers as the single NNN buildings are compressed with cap rates currently versus I can get 8 to 9 cap with retail strip centers and quality tenants.Hope it helps.      

How do you know when the landlord is just absentee and wants to get the property off their hands(good property for a good value) versus when the property is just a black hole for cashflow and the owner is trying to get rid of it as fast as possible no matter how cheap they have to sell it for(horrible property but extremely cheap)?

But I do care and decided if these homes are going to be torn down and replaced, better I do it and make the homes fit in well with the neighborhood versus just letting other builders without a vested interest do the deals.  

California is seeing a 25% increase to minimum wage rates over a 2-year period.

I'm wondering about the pros/cons of this approach versus covering the cost ourselves.

Hitting close to 2% rents generally doesn't happen.I would venture to say a 150k house you are likely hitting 1% for a 3 bed 2 bath in Kennesaw.The difference here in GA versus Cali with the premium areas is rents are 1 to 1.5% of sales price but the barrier to entry is much lower.

Depending on your strategy (long-term hold, versus mid-term or shorter-term to 1031 exchange), you may get some extra juice for a few years.By the way, you live in Collin County, and they tend not to give on values. 

JPMorgan Chase was fined the most by the Commission for its alleged involvement in the cartel, approximately $77 MM, for influencing the Libor benchmark rate.The second banking cartel that was uncovered by the Commission involved an agreement on the price of derivatives versus a manipulation of the Libor.