Of greater importance is:Don't get sucked into D class being great cash flow its only great cash flow on paper generally... the reason its D class is you WILL NOT get consistent cash flow.. that's what makes it D class or one of the attributes to the Classification of these assets from A to FI call them paper tigers... :)

One thing I am consistent with is I always manage to upset someone with my drive.     

I think for the most part the "numbers" and their conclusions match pretty well with what I (and many others here on BP) expected, now that their portfolio is "stabilized" and they have some consistent operational history and have seen some tenant turns.

I started a small REI study group consisting of friends and family.

As usual, it all depends on purchase price and the markets are continually changing, but Kissimmee is consistently solid (no surprise), Gatlinberg and Palm Springs also seem to be pretty strong markets.

.: $150 Total Expenses: $1250 NOI: $1,930CAP: 3.9%Rent Multiplier: 16P&I: $2,435Cash flow: -$505I estimate the rent's are low by about $200 to $300 in total - the lower unit seems particularly under-priced. 

What in your opinion is the best way he could have shown this to other investors if he was upfront with you, I always felt it could be an awkward situation for you to consistently show other investors your home while it's under contract.  

However if the type of client who wants to see multiple properties and be writing multiple offers consistently wants to also work with other agents....then I would typically not work with them.  

Multiply that concept times all the building components and you can see how quickly cap ex adds up.

Two things I consistently hear:1) It cost too much to move2) There is no land available within 50 miles of the metroplexI think there is a great opportunity if we can solve either of these and HUGE opportunity if we can solve both.