There is also Cap Rate, Cash on Cash return, etc.  

@William Murrell i ran the numbers, using cap rates and I think i have a good offer. someone said earlier if you use cap rates on anything with less than 6 units you either don't know what you're doing, or you are an expert. and i'm no expert, is there another way to evaluate an investment property?

Is the rollover amount also capped at the earnings of the side business?

CAP rate over 8% and cash on cash over 10%.

It's turnkey out of state, so fixing something myself, etc. would not apply but I appreciate your points about it.It depends on how good your cash flow estimates are on the older property versus the newer propety.The older property is likely to have more maintenance/Cap ex costs, at least for a few years. 

People are scrambling to buy at a 4 cap? 

@Noam OfanWe work with investors who are flipping currently, investors who are buying buy and holds in B- or C+ areas looking for high cap rates and some apartment buildings. 

Looking for information on current Chicago Burbs Cap rates.

I'm under the belief that the same would be true at the state level, but my neighbor got into my head stating it is taxed as long term cap gain in NY.

When we get the remaining 15 or so rented , it will be about  40% NET cap.