I'm curious if people are typically using operating (no capex reserves) or free (with capex reserves) cash-on-cash returns when evaluating deals as it relates to the 10-13% cash-on-cash minimum that many target.

Example: Somewhere like New Orleans the crime map is bad virtually everywhere, but it's a great housing market for many investors despite that. 

Disclosure:  I am a partner in a successful TK operation in Indy.  

(BNI) will cease operations at the end of August 2018.

@Ari NewmanAs you are only looking for Chart of Accounts, give me a call we can help virtually by sharing our computer screen. 

They’re a little more spendy, but they’ll operate at 100% efficiency down to 5 degrees ambient outdoor temp.

Your goals and plan usually has that information and the range of each one like positive cash flow, cash on cash return, net operating income that includes debt service payment. the positive cash flow on day one of your ownership, and the items you mentioned, the type of parking and on-site and nearby amenities are very important as well as the first impression of the subject properties. 

It seems like this is how the state wants wholesalers to operate.

Conventional banks don't normally operate under or offer sub $50k loans. 

I did not operate under the impression that investing wisely was a race.