You paid $2m for it two years ago w/ 25% down (it was suffering from mismanagement and deferred maintenance), invested $325k in capital improvements, and it's now valued at $3m with an NOI of $195k (cap rate assuming $3m value is 6.5%).

My wife and I were both teachers at the time and found a great house in an “emerging” neighborhood.

I am an Army Veteran with a 1 year deployment and currently still serving in the Army National Guard (8 years of service) and as a full time real estate agent.

Steven-What I gave you was as rough an estimate on a couple ball park figures as you can get. 

Is there an efficient and reliable way to figure out what neighborhoods are Class A/B?

They enter a quickly spiraling fraud that goes way beyond their control.Level 5 - The sponsor, originally intending to operate honestly, enjoys an initial period of great success leading them to significantly changing their lifestyle and incurring a lot of debt for mansions, yachts, trophy spouses, etc.  

HiNice to meet yall. thats an area i'm very familiary with. did yall end up purchasing properties there? 

If you do not wish to pay this out of pocket, you will want to include an addendum in your offer requesting the sellers pay your agents fee for you.

, or does it LOOK like an office that he's only in for 5 hours a week (few personal items, just a place he pops into 1-2 days a week, in this case the keyboard being dusty might be a good thing... empty trash can, no random papers floating around...)? 

I would like to JV with an experienced investor for a share of my profit...