Even as you get into 8 and 10 unit properties, it is not always the most indicative.  

Long delays like thiS one could indicate a title issue existed.  

Lower than 6 months means an indication of higher than 4.3% HPA and the higher than 7 would mean the opposite.

That’s why I tried to make a disclaimer in the first paragraph indicating “not including” sponsor experience, return, fees etc.Having said that, and taking the sponsor into consideration I am really looking at the most important quantitative parameters of the Income/Expenses/Debt etc when evaluating a sponsors deal as an LP.  

Percent of list price received increased .7% to 97.7% which I think is a pretty good indicator of where the market is.

Their fb page is a great indicator to the type of people they are. 

This process will give us a good indication of what we’re getting into.

Basically people hear what they want to hear and say what they think you want to hear (when they are indicating they won't pay). 

Not to mention it is a bad metric to evaluate on anyway because some places where you might still find it like rural PA or TX have high property taxes so while rent/ price ratio looks good actual returns aren't as much higher as that metric would indicate compared to other markets.

It would be nice to see accounts and actual payments like I can see on my own credit score as it is a better indicator.