Similarly, CAP would not be a useful metric to compare a quadraplex with a 50-unit apartment as the nature (quality) of the cash-flows would be substantially different.

To create dramatic interest in the property I suggest you use a toasted cashew (light tan), and bright white on the walls.  

Indeed humans in general are cyclical in nature, i believe everything goes in cycles.

Check out quality of posts, websites, LinkedIn and any other background information.Since I'm new to the REI arena, I've spent considerable time learning, observing, following and reading select member posts on BP that I've come to trust, just to understand the nature of this diverse business. 

I did go to their website and found it very light on solid information: no detailed technical explanation of how it is implemented and all I could find on the warranty is that it is "lifetime of the structure and transferrable" - a copy of the warranty was not available.  

that way @Steve Raymond and others may be able to bring you a deal, that you are actually interested to look at....Gerald, Are the rehab you do light,moderate or labor intensive?

The solution, in the short run, is to throw the baby out with the bath water, until which time an economic catalyst is generated by commercial interests, whether industry, technology or natural resources capitalists.

One year wouldn't be a big deal, remember too that you authorize them to pull returns, that authorization can stay active over the term of the loan.Depreciation is the nature of the tax beast, it is not a cash expense and is added back in, all business assets other than cash/liquid accounts depreciate under one schedule or another, furniture fixtures equipment or real estate.

Other requirements could include side walks, storm water control, street trees, street lights, and running all utilities to the lots, including electric, gas, phone, cable plus water and sewer.There could be current zoning requirements that require larger lots than those platted maybe 50-60 years ago. 

It might be worth leaving some of them in & having a landscape service come in once a year for a touch up.I go with standard color's in each unit, if I have carpet, light tan.