It's my first investment property, located in East Orange, and I think the estimate  to install flooring may be inflated.  

Using your apartment example and adding these assumptions: -security deposit equals rent-Invest the funds in a bond fund earning 4-5% simple interest (Simplified for the sake of argument and ignoring the massive bond sell off due to inflation concerns going on right now.)This yields a $12-15k increase in cashflow, which for this property that has a $2.16M NOI, is around a 1% increase.

The tricky part is that a lot of people inflate their net worth by having a slightly unreasonable expectation of what "fair market" value is for their house or other real estate assets.  

Our fee added up to $1657 for a duplex project.The City prefers to stick the builders with these fees as an approval condition, because it makes the fee impossible to avoid, and the fees can be tied to a 3.3% inflation increase (despite being in a deflationary recession the City ensures it gets a nice fee bonus each year).

I won't have any more traffic in the alley until we put the garage in from here on - we have very few deliveries left that can't be from the front.While the City cost to operate is so bizarrely inflated, it gives insight into how it functions.

New product is just not earning enough rents to cover the high cost of everything from city fees to inflation in plumbing supplies.  

When inflation starts to increase, you want to borrow as much money as possible with fixed rate as REI investor.

To me, the one thing that can separate a good wholesaler from a bad, in practical terms, is a good grasp of comps and a non-inflated ARV.

IMO.Most new owners need to put down a minimum of 20% down.Bay Area market increased 10% from 2016.Wage and minimum pay are also increasing.The inflation will kill more of your cash reserves, silently, in the long run.East bay is a good place.

Through a variety of research I've been performing, I've come to find most people say the given average for a home's inflation, on an annual basis, is about 2% per year.