It also doesn't give the best comparison to other transactions in the market, information like $/door and $/sq ft are also highly relevant.There's probably a reason why the market says this particular property should be 10% when comparable properties in your market are at 7%.

This comparison is meant to bring two strategies that have similar work effort required into the spotlight.

It has produced cash flow for us for the last 3 years now.Thanks for the Debt to Income ratio consideration, and the closing cost comparison thought as well. 

Mortgage payments including property tax and homeowners insurance would be around $500/m.I'll leave it to others to explain in laymen's terms what that ad would mean to you by comparison.

Just like having multiple contractors, it will give you a comparison point for terms (rates, amortization periods, LTV), types of properties they will loan on (and can underwrite in your case), and other factors.

In comparison, this park is very clean.

then your private assets pale in comparison making you the smaller target. 

In NA, there are three common approaches (methods) to valuing property:Sales comparison approach  - based upon the principal of substitution and is commonly used to value residential properties.Cost approach - The value of the land plus the depreciated value of any improvements.  

Newark on the other hand has little better numbers in regards on cash flow due to property prices not being as high as the other areas, as well as lower taxes in comparison to the other areas you mentioned.   

Hey Justin,My advice is gonna be pretty simple but it’s been good for me.1) look at the comparisons in the area.