The $1M cap is an important restriction, but I actually think forcing issuers to have audited financial statements for raises over $500k on their 2nd offering will effectively make the cap $500k for real estate operators.  

I built and sold 3 successful tech companies, was a CTO for two top US firms in DC as well, so let me play Devil's advocate — AppFolio and Buildium both offer reoccurring task/maintenance features for tracking such items like filters, law care, etc., however a simple operations change will fix all these issues.

FYI I'm really interested in proper maintenance features.  

My numbers are a bit old, but from my limited experience, it looks hard to break 4-5% cap rates in the area.

It used to be very easy to set up a simple land bank to "sell" the developed asset into in order to either enjoy cap gains or do a 1031.  

All looking at a Duplex build in 1995.. new roof...here are the numbersPrice $61,000.00Loan 5%30 yrMonthly income $985Repairs $4000.00CoC 15.97%NOI $6,370.40Purchase Cap rate 10.44%Vacancy $78.80Capex $49.50Management $98.50Taxes $108.33Ins. $70.00Repairs $49.25P&I $261.97Any comments would be greatly welcome

Again havent tested it but my inclination is that I'm in these properties (with nice cashflow) until the neighborhood really takes off or I'm exiting to an investor at a cap rate that is attractive to them which is prop high single digits ie $65k-80k.  

However, it meant that one could still get 10-15% Cap Rates and 25-30% Cash on Cash Returns on C+ to B assets.

The catch was that there was no cap outlined in the partnership agreement and the fee was going up each year sine the 80s...

Counters and cabinetry features as well need to be incorporated into the design.I would install the range and range hood in a place with good exterior ducting and ample counter space on both sides.