This week has been the first week where open market prices started to adjust downward.I recon within the next couple of month we would see a 30% discount on prices.

The City of Oakland then passed an Emergency Ordinance capping rent increases, which states: "any notice of rent increase in excess of the CPI Rent Adjustment [3.5%]... shall be void and unenforceable if the notice is served or has an effective date during the Local Emergency, unless required to provide a fair return." 

If you use the criteria 3x the rent for income you may want to adjust that number 3x the tenants portion.  

After adjusting my numbers I came up with a much smaller Annual Cash Flow of $16,000. 

Depending on what responses you get adjust the underwriting and make sure you are going to get the return you are looking for.

Is the income used for calculating the forecasted exit price adjusted for the next buyer’s property taxes?

So....you as the buyer would have to kick in extra money to satisfy them, above the purchase price....which means you need to know this Begore making an offer, and adjust your offer accordingly.

Adjust and keep going!

We adjust our CapEx number based on our on site inspection.  

With the commercial loan, the lender also mentioned that after 5 years, the loan would be renewed but would adjust to the interest rates at that time.We want to start with a "win."