**Relevant information:- Third floor cannot be a permitted separate unit--there is only one entrance/exit stairway (MPLS requires two), and no sprinkler system (which would allow us just one exit)- Third floor electric and gas can be measured separately, but all are under the same bill- By rekeying two doors, there could be completely separate access to the second and third floors- Current second-floor rent is $2000Option 1: End Lease and Rent as a Full UnitThis is the most straightforward option. 

That's not even measureable between investors because 'good' is subjective and has different values based on context and motivation.Please relate an objective measurement that you use to define a good deal.   

A cash on cash calculation is a return metric that measures the return on the actual cash invested, excluding leverage.

Just make sure the quality of your product or service measures up!

This is a measure of the amount of cash generated by an investment property compared to the amount of cash invested.

This measurement is forward looking, and looks at current sales, buyer traffic and the outlook for sales of new construction homes over the next six months.

Finally, in regard to your specific question, we take several measures regarding paint, holes in the wall from pictures, TV's etc. beginning with the type of paint and color we use.

The Building and Office Managers Association (BOMA) has official standards covered under ANSI Z65.1-1996 STANDARD METHOD FOR MEASURING FLOOR AREA IN OFFICE BUILDINGS. 

Some ideas to consider below:The four sources of return in rental real estate:1- Cash flow2- Loan paydown3- Appreciation in value4- Tax savingsSome examples of metrics used to measure the above sources of return:- CoC (Cash on Cash) is a measure of net return generated by TWO sources (i.e.

Thanks a million.I started measuring target states before jumping into metro areas or cities.I'm currently investigating Washington, Nevada, New Hampshire, Utah, Florida and Colorado.