We now have three properties totaling 13 units and cash flow $300 per unit on average and over $3,000 per month (all cash, will be refinancing and pulling out equity to invest in more deals soon).

Unless they change their business model, they are targeting non-wealthy average person investor so their equity shares are priced at $15/share (or less during special promos).

My average cost per house is about 35k and now they are worth 160k.  

That means the average home will double in value in 7-10 years.

Local engineers quoted me from $70K to just under $90K ($75K average).

Paying off Self Storage debt at average 4.8% interest rate on 5 year term/20 year amort.a. 

You have a huge leg up on the average Joe, since you understand construction.

Statistically, yes, there should be an average/mean, which I've only read is $25.

The areas in transition are the best areas to look which typically means you'll see some run down houses in the neighborhood, maybe some graffiti, maybe the area shows a higher than average crime rate at the time, etc etc.

Expect investment loans harder to come by, and the credit score and LTVs more strict.Jeff Lazerson of the Orange County Register made some interesting points about this announcement worth nothing:Lenders may lose their appetites to make these loans because of a worry Fannie and Freddie will say no due to their new rental and second home loan allowances.Many lenders “have already increased second-home financing by an average of 1.45 points.