This eats into profit margins and works better for mortgage servicing rather than rent collection.  

I care about green.

Brandon Turner, David Greene, Josh Dorkin, J Scott, Robuilt, Scott Trench, Gary Keller.

In my market, Land Transfer Tax is a b*tch that eats into deals.

@Lee Greene Thanks for sharing the link to the blog, it's very helpful.

The closest thing to a "problem" that we ever experienced came from a lazy, underemployed, pot-smoking, entitled millennial who happened to be White.The below are just some of the tools in our toolkit that we use to evaluate prospective renters, but in our experience, we're much quicker to look at , amongst other things:   -  How people dress, regardless of their race/color    -  Their Payment History/FICO score (reflection of their honesty/reliability/honor in upholding their obligations)   -   Actual Landlord References going back at least 2 or 3 prior LandlordsAll other things being equal, we'd much sooner Rent to an articulate, well-spoken, well-dressed, punctual, gainfully-employed black individual than a late-arriving, sloppy-sounding, and sloppy-looking white dude.At the end of the day , it's about the Green(and the reliability of getting said Green) ..... not whether one is  black or white... 

The 70-90K is my total cost including rehab, and is about 80% of ARV.There are cheaper houses, but the vacancy and repair projections for those in my area eat up my profit.I find that most renters want a garage and/or basement.  

I'm not cheerleading the 'Green Shoots' theory but it switches the 'common knowledge' around and gives you a chance to look at things from another angle.

You can't eat cap rate, internal rate of return, or any of the other gibberish the so-called sophistocated investors talk about.Furthermore, you'll often hear real estate agents and other sellers hype the cap rate because there's NOTHING good about the property.

Observation windows overlook each floor so mothers can study or eat or talk while they watch the kids in the center.