It might also help you nail down your goals a little bit!

@Thierry Van Roy The "pupil" gets an A+ for hitting the nail on the head ;) I may not be old enough to have discovered fire, but having done this kind of analysis for more than 40 years might qualify me as the ur numbers guy.

Additions usually require more on the drawing side than strictly "remodels", so the back-and-forth typically takes longer on the plan scrutiny, as there are interiors and exteriors to nail down design-wise.

A 14% cap only means that at the price they want from you they are willing to give up the $70,000 NOI for only a 7 times multiple. 

I got a great education on the different types of screws, what they're good for, when to use nails vs screws, where to place fasteners, when to use braces and brackets.  

Also to be considered is that the plywood fasteners, nails or screws,  will have left lots of holes in the wood flooring which may have been covered up for a reason other than aesthetics.  

Most longtime Fishtown residents will fight you tooth and nail on the borders, saying Fishtown is much smaller than it's claimed borders today.

Most of the homes we have sold seems to come down to quality of finish and the price with buyers fighting everything tooth and nail until the day of close.The average cost of staging a home for the duration of the selling period or the staging company minimum charge (3 months) is $2500 which is a good chunk off the bottom line. 

@Elizabeth Colegrove   You nailed it.

I decided to do some research on neighborhoods which brought me back to forum posts on Bigger Pockets.I learned that the letter grades vary by area, can sometimes be more of an art than a science, and are easier to nail down for multifamilies.But here’s some characteristics:“A” Class properties are in newer growth areas, are in nice neighborhoods, are newer properties built within the last 15 years with the most amenities.