The median rent is at $898 and the average rent at $948 from rentometer.

If average cap rates in an area are 6% for a Class A building then you may be able to put value closer to 6.5% even 7% depending on the local market (I would try to make some local broker friends) if it is a Class C.

I don’t build cabinets, I actually contract for a couple shops to install their product in mostly new homes and some remodels.

Whenever you plan to purchase a tax lien certificate, you must factor in average attorney costs and other possible costs such as maintenance (to avoid weed liens, etc.) and future taxes.  

He uses top of the line materials and flawless finished product.   

There are some pretty interesting terms to these types of loans....as in, if your fund would decrease in value, you would owe the difference of 50% immediately, so if you are in this type of scenario then do ask about all the terms and conditions for this type of a loan product with your bank. 

it takes the same amount of work to do a 500K loan as it does a 50K loan. the loan balances are smaller so income is MUCH less, so the banks return on overhead and time is far less. it's a product banks provided to keep a big customer base, not a money maker.

When you start off try to find something in your "back yard" and just do what is average. 

Our vacancy rate since 1-1-2016 thru YTD has averaged 1.09% .Always remember it is a business first an investment second and you will do fine!

Any studies/reports on what the average property related lawsuit settlement is?