I do not have a chart already made for that stat, but I’ve done other charts that show the difference in price per sq ft of new construction versus 1 year old properties versus older resale properties so I am sure it can be done.

If we compared it to a depth chart on an exchange, I think there are massive amounts of people with buy order not far below current trading price.

My blood pressure was off the charts.

In the chart below you can see a steady rise from 1991 - July 2007.

She owns a hair salon business (2 yrs old). 

If we can not fund, it will because mismatch of APV to PP and Rent, not because of how you combed your hair today.Talk soon.

You can do a lot with $400k and build a diversified portfolio - options range from SFR, MFR, flipping with value-add, buying land and developing, going out-of-state, to commercial syndicates on the other end of the spectrum.If no prior expertise in real estate, then stick to simple - SFR w/ value-add (in your home market or out of state) & commercial syndicates, gain experience & knowledge and chart your path forward. 

You'll never get a call at midnight from a note.I'd suggest that you kick around several ideas, get some input from BP and other local sources, and then sit down with a skilled CPA and/or fee-only financial advisor to chart a course of action.  

The critical item is setting up the chart of accounts in conjunction with your accountant so that everything gets classified correctly.

The sister I wouldn't close on the property until they are out and locks are changed.The profit margin would have to be very large to deal with all the "hair" (problems) on this deal.