If you are investing in D class housing, yes, that's likely going to happen.

A 5.7% cap for a class B or C facility is a strong ask in the market. 

Fully stocked kitchens that make you wanna cook.

Neighbourhoods, cities, states, countries, asset classes all rise and fall in cycles.

What resources are there to determine what class a neighborhood belongs to?

I have been taking his class every Saturday and my underwriting has improved so much in just a few weeks .

Hey @Evan Cook - Happy to connect to see how we might be to help - at least in Chicago.  

You have one set of "assumption" numbers yet it does not take into account the area class (A-D) or the property condition (A-D), property age, deferment status on maintenance, unit configuration such as SFR or multi, what kind of multi, a side x side or over/under, maybe a Quad, etc etc. 

In my state source of income is a protected class, so I can’t deny on this fact alone.

@Jay HinrichsI recently saw some assets originated in last 24-36 months that were performing but the originator has class action lawsuits pending against them in the state for predatory lending.