All of this is not guaranteed ... there are risks and uncertainty in investment, but assuming similar long term historical averages (no more, no less) gives you the best estimates IMO ... then force appreciation such that you can sell for profit at any time as an optional exit strategy and be cushioned to some extent from short term price volatility.

Not historically bad but it is higher than what I am hearing from others.  

I think right now with interest rates historically low it does seem a lot of investors want to lock in those rates.

In my analysis, I used a historical average of 3% growth rate on the real estate.  

This amendment to Rule 504 was effective January 21, 2017, and the repeal of Rule 505 (described herein) was effective May 22, 2017.HistoryRule 504 and Rule 505 of Regulation D historically were exemptions from registration for offerings of limited size and character.

It has historically been used as a storage room for the owner, but we would like to repurpose this room in a way that increases NOI.Unfortunately, local zoning rules do not allow for this to become a studio/fourth dwelling unit.

The home is not in a historic district and the layout is makes for difficult updating.I was wondering if anyone had any experience or guidance on Teardown vs Rehab.

Everything is selling at historical highs and low cap rates in the union county area.

Maybe he is wrong, but it seems closer to your 6.39% historic number. 

If I wanted to follow the safe withdrawal rate figure of 4%, I would have needed to put in about $1.7mil into a retirement account over those same 7 years to achieve the same annual income I get from rentals (assuming equal investments from the start and using average return of 7% which I believe is the historic adjusting for inflation adjusts for inflation).