Over the last three years, I've invested in 5 single family/condo properties that generate an average cash on cash return of 14% in Knoxville, TN.

I'm working on a MF deal located near Chancellor Square and Winchester Rd NW but have some concerns related to school quality, crime/drug activity, average income, tenant pool, etc.

How many hours on average are you usually needing someone?

The numbers I use in my pro forma for maintenance/cap expenses many would think is high but virtually none of those people have taken the time to calculate what the maintenance/cap ex should be when level averaged per year or per month. 

I have reviewed population data and demographics, tax rates, average rental income, suburban neighborhoods, and other criteria in order to decide the market.I am excited to work with other investors to either syndicate a multi-family deal in the greater Indianapolis deal, or find an owner-financed deal.

Right now, average return rates are mid-teens, so I need to be in the mid-teens to be competitive. 

I have to say, yes, it's a bit of a roller coaster, but I've yielded near 20% on it, on average and if it was down when I needed to draw, it was never by much.

For an investment property it seems like the average is in the low 5s.

For Roselle, the average sales price on the MLS has went up 13.9% from December 2018 to December 2019.

With that said the properties typically rent for $800 a bedroom a month, so the bedroom count has a direct impact on the value since in off season its college rentals.The issue I'm running into is the for the additional 4 bedrooms the appraiser is only giving me $20,000 in adjustments for, though the average per bedroom price of the comps is $175k.Has anyone had any success in making a case the additional bedrooms should be valued at more than $5000 a bedroom?