IRR provides more "color" but ultimately, without a meaningful discount rate, they are equally useless.Just my $.02...

Dead simple logic, I know, but there is a demographic ;-)The bigger problem is if the wallpaint starts to color from the smoke.

Your gender, skin color, religion, how good looking you are or not, has NOTHING to do with what kind of investor you can or cannot be.

I couldn't tell until I pulled the handle up and the brass color was evident.

I'm not really interested in the color that someone painted there living room...I like cashflow :)You guys also do 4,5, 10 deals a year.

@Kurt GranrothNo matter if your projections worked out they way you thought or what the S&P did I think you'll do well in your investing journey over the long term since you have the psychological make up that few investors do: 1. you put your investing thesis to paper and in a public forum to boot, which makes it hard to have rose colored glasses when looking back in hindsight; both for failure and success. 2.

I know it is costly but you can get pre-colored siding that will save the cost of painting the first time. 

I went to their school which was slightly more expensive...end result is I passed the test with flying colors.

They can even paint the walls any color they want.I look to see what the current value of the property is and add about 10%. 

You may also want to stipulate what colors the tenants are allowed to use or have them approved by you before they purchase the paint.