Many things go into determining value such as location, condition, quality, schools, modern (open floor plans), size of lot, etc. 

Varun,two that come to mind are American Modern Home and Foremost but I'm sure their are dozens of others. 

It is recommended that the aluminum branch wiring be replaced with modern copper wire."

Hello fellow BP members, I recently was studying for one of my real estate courses in college and ran across a topic on appraisals and it really got me thinking.It was discussing how modern technology is affecting the appraisal profession.

They are rabbeted in the very best tradition of foursquare work, and each of the 4 and 5-inch quartersawn trim boards has a wide single groove dadoed into its back (modern production trim boards have 2 or 3 narrow grooves, it's cheaper to do but doesn't work for trim quite as well).

I'm sure you have even more codewords to express your desire to raise your kids in a place that requires no work to meet your standards for space, cleanliness, modernity, and aesthetic appeal. 

.$0 in repair costs is a stretch- especially if you plan to increase rents...you'll need to justify the higher rent and that typically means improving the condition of the property = $$Your upfront equity position isn't great, but it looks like you'll start with a bit of equity...and if you decide to improve condition you can force the value as your NOI increasesBoilers are find if they are modern...looks like yours was replaced in 2017- definite positive5.3% on the loan doesn't look too bad...your DSCR is 1.15 ...most lenders will require this to be 1.2++ Vacancy is relative to your local market...not sure 5% is the right number to use or not...I look at CapEx different for year 1 and consider it an up-front out-of-pocket expense...but it looks like your units are in good condition so 5% may be right...maybe high...Water and sewer (and other utilities) seems low to me, but it's specific to the area...and maybe just for common areas?...

@Justin Marshal Welcome to the Society of Bigger Pockets!

This is a very rewarding business for me, but it is also very difficult and at times extremely stressful and even alienating from the kind of lives most people lead in our society.

Currently we have 124 units that we manage, we are fully staffed and use a modern property management system using EFT payments.