Part of what I do in providing pics to my OOS Owners, is generally remain consistent with how I move through the property and take the pics when unit is vacant.

These are nice units that are only 12 years old but we've noticed consistent tenant turn-over, and the major reason is the electric cost compared to comparable units in the area.  

Also I don't know your market, but there's not consistent correlation between most markets previous two years appreciation, and the years that follow, I'm hoping you have some other data points on the local market to help support the future appreciation you are looking for.

According to the Engineered Wood Association, a one-hour rating indicates that a wall constructed in a manner similar to the one tested will contain flames and high temperatures, and support its full load, for at least one hour after the fire begins.MaterialsAccording to the book "Commercial Drafting and Detailing," a typical one-hour fire rated wall consists of 2x4 studs spaced 16 inches from the center of one stud to the center of the next, covered by 5/8-inch, type X gypsum board.

Mathematically speaking all of the limited partner's outside basis (80% interest) would have to be multiplied by .63 to compress to 50%.

You need to figure out how many months from close to finishing the rehab, then multiply those monthly expenses by that number (holding costs). $90k of rehab should command a better profit. $90k rehab budget, how firm are you with that?

However, most residential mortgages of properties consisting of 40 acres or less in South Dakota are subject to what’s called the “One Hundred Eighty Day Redemption Mortgage Act.”

Consistent and persistent action will win the prize.

Where is this consistent flow coming from?

(These numbers work in my market so I am just using those numbers)$ 8000/ $ 800 = 10 properties   (***Assuming $800 - 900 Per door for paid off rentals)Multiply that by a factor of 1.2 so you need 12 properties to be safe.