I've defined the following criteria so far:- Farm Area (cities, zips, etc.)- Property type (single family - detached, sqft., #beds, #baths, year built, etc.)- Age of property owners- Ownership (absentee vs. occupied)- Price Now, I'm struggling with % equity ownership.

Some things I need help in regards to are crafting a value proposition-- how to define the selling points of a piece of property?

What my question focuses on is the 7 year useful life category, which is partially defined as "Any property that does not have a class life and has not been designated by law as being in any other class." https://www.irs.gov/publications/p946/ch04.html#en_US_2013_publink1000107513Each of the expenditures in the below list is based on actual dollars spent by area.

So I will definately bring this up with them.  

Find out what your personal preference is regarding the type of neighborhood you'd like to buy (A, B, C, D class neighborhood), then the type of property (A, B, C, D class property) in that defined neighborhood.

How are you defining "actual"  NOI?  

@Chris MayThat would depend on how you define "bubble".  

I've read a few books as far as real estate, and I'm still saving up money and all that, but as far as what I've been looking at, there isn't really a defined place in which books/posts say where one "starts".

I will definately look at the Lexington REIA.

Please define acceptable?