After a second they are excited for him even though the first assumption was which college. 

. - Carefully look at your assumptions like cap ex, maintenance etc.

My assumption going in would be that you would not make it all the way through. 

I'm sure you are likely correct in your assumption but you could always do some rough measurements of each level and go from there.  

Sometimes there's no movement b/c Wall Street had the assumption that it would happen baked in ahead of time, sometimes it goes the opposite direction because of other things going on with the economy and sometimes, like today, they go the same direction. 

Your OpEx reduction assumptions are too aggressive.  

Some of his assumptions are a little optimistic, but I accounted for a lower cash flow and a healthy contingency fund.

I'll make some gross assumptions here, but let's say you can get a 40% bonus....now you have 2 on the small parcel and 7 on the larger for a total of 9.

Of course, >80% of these new LOs will be out of the business before that 3 year mark.From what I've gathered, the overwhelming majority of experienced rent-to-"own" landlords do it on the assumption that the overwhelming majority of tenant "buyers" will never qualify.

@Orlando PerezYou get verification from prop manager and contractor of your assumptions?