Located in North Hollywood Art District (Los Angeles) - a place I love to buy - so if anyone has any NoHo properties for sale - please PM me :) ANALYSIS:We cancelled escrow because of several factors: The back rec room was not yet a lawful unit that one could legally live in.

It's not as bad as we had initially thought.There is a $5000 overage factor in the rehab budget.

If we can mitigate that so that we make sure that we earn our 9%, then we would be willing to take a look at that deal knowing that our upside is worth the risk.With respect to SFR, you need to factor your time as an add on to the return.

Wow factor or a white elephant?

It may work a lot differently in large metropolitan markets but in our community, our reputation of integrity is vital.  

The other thing to factor in is job stability.

Being a bit young and nuts I went here to invest in real estate myself, ended up doing a startup in the real estate industry and now run a real estate consultancy and brokerage myself with my wife and some local partners.I'm trying to inject a bit of Australian integrity into the process and have run through it myself a few times (have a number of properties here).

I'd factor in a slightly higher vacancy for that type of property. 

I've been using Podio too as my CRM. all my phone numbers from callrail are integrated into it.

What other numbers/factors do you recommend I look into?