It spit out an average cap rate of 8.79%!

We also don't expect to get contracts in the first week, though, since our average DOM over the past 3-4 years is measured in months. 

In addition, 2020 is still below the average for the period, which is 580. 

There are properties that have all expenses with property management that average 34% or less over the long haul as the vacancy, maintenance, and pm can be cut down along with utilities and with taxes, insurance, and whatever is left its still that low.There are others that average 80% for all tbe expenses which of course doesnt include the mortgage.  

The rents are currently well below market average by 25-30%.

How far below or above average are they?

The main home could rent out for around 4k on average and command as much as 5-6k during peak summer/fall.

Never have I been more excited about a career venture...successful sales people are successful in any economy, average sales people complain in a weak economy and really every economy.

The average fee I'm seeing for $1.25M is $750-850. 

The average rent has increased much faster than minimum wage and average wage for virtually any long term time span in Los Angeles.