But that's not a reflection of all property in all prices.

If the condition changes your offer would need to be updated to reflect the change of condition.In this case, I'd say you can't force them to sell you the property, rather you can walk away with your money since property is no longer in same condition.I mean I'm pretty sure it's relatively standard clause that talks about final walk through....

Your example reflects a depreciation in Cleveland that is worse when including an inflation factor.  

As for storage non-payment check with a local lawyer and it should be reflected on the lease.

However, in cold climates, it also reflects heat back into a room, reducing heat LOSS from a conditioned space.

I don't think the property taxes on my other one have "caught up" to reflect the increased price paid for that property (if/when they do, my cash flow will drop a tad).I think this deal is a little lean but it's tempting because it's with the same provider, I trust the PM, and it gets me off the sidelines in 2018. 

SF Bay Area experiences mass exodus of residents, leading to a shortage of U-Haul trucks and sky-high prices for scarce outbound truckshttp://www.aei.org/publication/san-francisco-bay-area-experiences-mass-exodus-of-residents-reflected-in-one-way-u-haul-truck-rental-rates/I first heard about the "U-Haul Index" in the mid 2000s when record numbers of people were leaving the Bay Area.

I wrote a BiggerPockets blog post on how to find comps and calculate ARV that you may find helpful:https://www.biggerpockets.com/blogs/8814/68395-how-to-find-real-estate-comps-and-calculate-after-repair-valueKeep in mind the comps should reflect what your BRRRR will look like after rehab.

Reflect when I was finished.So to that end, mental preparation was along the lines of : "Ok, lots of people have worked in this small crawl space.

But for a value-add or stabilized income property there is a lot less heavy lifting and the promote structure typically reflects that with a first hurdle in the range of 20% to 30% promote and an ending tier at 40% or 50% to the GP.The waterfall you described is a somewhat modified version of a preferred equity structure and if that’s what it is it might actually be a bit rich to the LP because preferred equity tends to have far less profit participation, usually none beyond a 12% to 16% IRR.