I researched the founder a little deeper and feel that, in principle, he has noble goals to bring CRE investing to regular folks, and is dutifully executing them as such by means of Fundrise.

CAP Rate = Net Operating Income 'NOI' / Price of PropertyExample:$100,000 Net Operating Income on the property that is listed for $1,000,000 would have a CAP Rate of 10%.NOI = Gross Revenue generated MINUS Gross Expenses (excluding INTEREST from the mortgage)Example:$180,000 of gross revenue - $20,000 property taxes - $20,000 repairs - $10,000 property management fees - $5,000 insurance - $15,000 utilities - $10,000 other expensesNOI = $100,000Notice that there is no consideration of both principle and interest expense on your mortgage what so ever in determining a properties NOI.

Principle pay-down is the simple answer that heals all wounds.  

This is just another example of someone without very good basic, business principles buying and selling junk to an equally poor decision maker.  

It's the same ****ing principle you retard.

This causes the prices to go down because when a new buyer comes to buy another house on the street this for sale as an owner-occupant they see these properties and by the principle of substitution they choose another neighborhood.

I do judgements more as a matter of principle than anything else.

Get a college real estate text book off ebay, Mastering Real Estate Principles by Gerald R.

In your example, it would be as follows;$160 (ARV)- Profit you need to make- $25k (rehab)- purchasing costs (closing, inspections, etc)- carrying costs (principle and interest, taxes, insurance, utilities, etc)- selling costs (realtor commission, closing costs, seller concessions, etc)= maximum allowable offer.Beware.....The 70% rule take a passive approach to the most important part of the deal....your profit!

If you adhere to the principle "first you buy your market", then don't buy France.