It's very common for our clients to 1031 from higher cap expense risk properties into newer properties with less repair risk.It's very difficult to quantify the potential benefit here because you cant predict repairs. 

without assessing the condition of the property and quantifying the projected return.

My next project is to use regressions to quantify the value of DFW schools in the price of 3/2 SFHs.

(barring the deposits and pet rent comparison)@mike I wouldn't think written notice is necessary for not allowing pet damageYou need to read your own lease and follow it.If the lease allows pets and doesn't quantify type and quantity, you're probably out of luck. 

lots and lots of money gets circulated I will have to quantify it one day but I suspect it north of 30 million per year

I was trying to quantify that risk as difficult as that may be...I am going to pass on the property. 

There are so many benefits and drawbacks to investing in your local market and just as many benefits and drawbacks to investing in a ton of different places in the US.I think to help limit the context of this conversation, you may want to quantify some of the variables of this question, to help aim answers.For example:1. 

You can't quantify the latter but it exists.

It also looks like it's hard to quantify the above competitive advantages in $s.

My question is how would you quantify that and what is your opinion of the current deals in MF?