I'm consistently being directed either to areas where the numbers, and I've shown him using the nifty PDFs from the BP calculators, just don't make sense.

The common area consists of 2 hallway lights that are rarely used & 2 basement lights that are never used.  

I think it'd be easy to have consistent travel healthcare professionals as renters.

Then multiply that number by how many students can fit in a house.

@Jay Hinrichs Regarding holding a single note vs a single house: holding a single house means ownership over the property and an ability to maintain more consistent cash flows.

But the information you've given is consistent with how appraisal really work.Appraisals are always a crap shoot.  

One message that has been consistent is to write everything down.

being consistent... 

I've been looking on LoopNet for Multi-unit properties in North Carolina and wanted to get some opinions from my experienced BP members.Church Street Apartments264 Church Street, Concord, NC 28078$465,00014 Units Multifamily Property For SaleBuilding Size:0 SFPrice/Unit:$33,214.29 Property Type:MultifamilyProperty Sub-type:Garden/Low-RiseProperty Use Type:InvestmentCommission Split:3% Cap Rate:13% Gross Rent Multiplier:6.62 Occupancy:100% Lot Size:0.53 ACAPN / Parcel ID:56217008770000Listing Net Operating Income $60,450Here is a link to the property http://www.loopnet.com/xNet/MainSite/Listing/Profile/Profile.aspx?

Yep this town has some of the highest taxes in the county but it also has some of the best deals for cash flow.If it wasn't for purchase price and consistent rental income, it would definitely not be on my radar.