@Dana Powell: It is safe to predict that debt service coverage rates will continue to increase as the Federal Reserve raises their rates.

Maybe no big deal if you plan on a long term hold, but quite costly if rates do drop in the next few years as the bond market is predicting.

or It won't work out as I am predicting?

Nobody predicted the wild ride of the last few years.

Let's break it down in simple terms.Imagine you're at the amusement park, and you have two options: a roller coaster and a merry-go-round.The roller coaster is thrilling and full of ups and downs, just like the growth path in real estate.It can be exciting, but it also requires patience and the ability to handle unexpected twists and turns.The merry-go-round, on the other hand, offers a smooth and predictable ride, much like the cash flow path.

It's like a magic number that helps investors figure out if a real estate deal is a good idea or not.Imagine you have some money, and you want to use it to buy a property.The IRR helps you predict how much money you'll make from that property over time.If the IRR is high, it's like a green light saying, "This investment could make you a lot of money!"

Anyone else have any predictions on development for the South Florida so we can make informed purchases? 

@isiThe thing is, most people don't have the education necessary to properly predict appreciation.

Who could have predicted COVID?

Short sale are at the mercy of the bank, so it is hard to predict when they will give approval but you typically have 30 days to close.