Your 10 year scenario plays well into that idea.A couple more things:1.   8% mortgage rate would translate to 6+% rate on 30 yr US Treasures.

For example, lets you you purchase a house this year at 1235 Newland Street with an assessed value of $131,000, translating into a yearly or current year tax of $1500. 

In a market like Cleveland, if someone can’t afford a $70k house there is usually a reason, which can easily translate to them not taking care of your property or an eviction.Happy to chat further if you have any questions. 

assuming full basement and 1800 sf above ground on each side... it takes a pro framing crew of 4 guys, 3-4 weeks to frame the house... which translates into one pro framing the house in 12-16 weeks... not sure what 60% you're planning on doing yourself, but building a house/duplex = 1000s of man hours. 

I’m familiar with the technology, but I’m not sure how it would translate to a real estate environment. 

But they did tell me that transferring title is not allowed by the rules, so do not want to break that policy, unless I can show them why they are not translating the rules correctly.  

My grm range was $235-$387, this translates to a value range for this property between $3,525,000 to $5,805,000.

How do these percentages translate to dollars...both now, and how they impact the future dollars that are compounded from them? 

The simple but not perfect math is that every 1% increase in interest rates translates to a 10% decrease in buying power.

This translates to additional pressure on the REIT's (and their liquidity crunch) that will continue to rise in the coming months.