The other is a stabilized cash flow opportunity in the suburbs.While location is a very strong component of real estate that always needs consideration, it is also one of many factors.  

My feeling on it is if you own the property, do what you want but there are complaints about the smell, there are multiple tents set up + the illegal component of making the wax too.   

While these can sink a score so can foreclosures, short sales, medical debt and a three year old bankruptcy, which in my opinion, don't represent the same risk.Credit score is also only one of three critical components for verifying an applicant's tenancy.

So it seems that the missing components, which lead to the conflict of information, was the income level and RE Professional status. 

The reason I ask is, what if you started non-renewing the Sec 8....granted you lose that "guaranteed rent" (heh, ask me about THAT sometime), but if you can get it up to market rent gradually while reducing expenses, this deal may still work.3) Cash flow & NOI are key components that determine the market value of multi-unit/commercial property. 

You will be able to depreciate less in this situation since land is not depreciable.Cost seg is a huge component to multifamily.

Profit in real estate comes from cash flow, appreciation, and principal reduction...cash flow is only one component of it. 

Also included are floor plans, exterior elevations, building sections, details, schedules of project components within the scope of work.

As for the 50% rule, the BP Calculator also lists the 50% rule as part of the final list of info and I've been taking a look each time at what appears there compared to what I get when I break out the components individually... to get a better sense of both approaches.

Every brokerage offers different components to their marketing package, but most include MLS and professional photos.