A paper by Joshua Gallin published in Real Estate Economics (The long‐run relationship between house prices and rents) was a great place to start, and the gist I got is that we can measure risk in the home ownership market using the price to rent ratios, much like we do in the stock market with price to earnings ratios.

I am trying to gauge what to measure potential deals by when it comes to profit amount.

Agreed with Larry on this one -- because real estate is so illiquid, there's no reasonable situation where equity accrual should be considered part of a cash return.While Nathan's way is certainly better than just including it in the COC, it obfuscates the intended purpose of the COC measurement.

I had made a measurement of the space involved, and I had a good idea of the nature of the problem.

In this age of communication innovation another visage point is the question that guides economics: profitability vs. need.I was once a big social-media buff but reconsidered (though it's still a great way to connect with those separated by spatial-temporal barriers).Personal socialization is inherently different than any business enterprise because enterprise is led by a measurable outcome.Lastly, many are running the error of not adding the labor/capital spent developing this new business "arm" into their overall question of profitability.

Some might not measure closets and some do.

Standard and phillips screwdrivers, hammer, tape measure, utility knife, wire cutters, needle nose, vice grips, pliers, an adjustable box wrench, etc..

I now screen my tenants and I have preventative measures for "bad apples".

I find every day my truck is getting pack more and more with stuff.For instance:Standards-A ladder so I can quickly look into the attic area.Small tool box with standard wrenches, pliers, screwdriver etcRegular 30’ tape measure and electronic tape measureBriefcase with contract, MLS sheetsLock boxesDoor knobsSlightly Unusual-Compass, believe it or notBolt cuttersMounted laptop to access the internet for on the spot researchSoon, I will be using my box truck as my pov, that way I can immediately board up the property when I have a contract on it.

These visitors are REALLY into it with machines that measure paranormal and some had been to this prison nearly 10 times.