I'm in Canada and where I am, reasonably priced homes are still selling pretty quickly.It's pretty certain in high degree accuracy 30YFRM would be between 5 to 6% until 2028, that one was given and no longer a surprise.

That being said, it is almost universally believed that to arrive at a cash flow number one “modifies” the profit and loss statement by adding back not cash expenses such as depreciation.BUT, here’s my issue.  

There is no formula, and everything works to a certain degree. 

Hello BP universe, I'm also looking for a commercial lender in the Toledo area.

It’s negative cash flowing to begin with, and you will likely have to rehab it to some degree if you put renters into it.  

Naturally, there's no universal solution, but I'm more than willing to share with you.

I liked the area geographically and for other reasons but once I had confirmation he was renting to nurses, meds and eds, grad students, university and hospital employees with good rent numbers, I was all in.

This is a huge variable and the answer is it cannot be predicated with any degree of accuracy.

The actual operator has a 2nd degree connection to the investor. 

America took a 180 degree turn as we witnessed.