It's possible that the cost may turn out to be something nominal ($15-20 month) and the more efficient system will save him enough in power bills to be worth it (we once replaced a fridge that literally paid for itself by a power bill that dropped $60/month). 

You rarely if ever meet the 1% rule however my last property literally doubled in value over the last 5 years.  

But after that you just really do not want to crawl into a bed, literally crawl because there is no head space, or fold a table into a lumpy bed. 

Did anyone just literally jump in with the information they had and learned as they went? 

I think you can look at it this way-- you have the ability to play with "house money" both literally and figuratively. 

A client of mine recently listed a property in Nashville. She listed it high because we knew the market was insane and there were maybe 2-3 other comps to use to justify the listing price. Truthfully, there was fear o...

A syndication is literally the joining of forces to achieve something unachievable separated.That being said,  A preferred return and investing in the deal are both important for overall confidence in the arrangement as well.

I feel like there has to be some information or data regarding the actual extensions and reasonings.It would make sense to me if unemployment was still down and tenants literally couldn't afford their rent, but from the outside looking in it doesn't seem like that here in Chicago, Illinois but I would love to see some hard data.

So, I'm literally searching the entire united states based on rent to price ratio, and ROI.

Most are not very computer literate.