CoStar and other companies mentioned are trying to increase the volume / quality of data but even then this is a very fragmented industry.

Does it make since to make a break even cash flow to increase equity and take the tax advantages?  

I ended up winning, by increasing my offer to 152k but had to sign the addendum saying if it didn’t appraise I would have to bring the cash difference.

I would like to know what is the equation, or metric that I should use to judge one potential project vs another in terms of cost and the potential increase in revenue that money should create.

I'm struggling to estimate the increase or decrease in property taxes each year.

I was hoping to increase the purchase price to the appraised value and request a $11k credit for repairs.

During the great recession a few years ago, there were more renters and my rents increased.

This increases your cash on cash return.

I am thinking of investing in a syndication that is buying a 157 unit apartment project located at 3117 S 192nd St. in SeaTac, WA 98188.It appears the property last sold in 2015 for $1.8Mn….the syndicators now plan to buy this property at a price that is about 60% higher and around 10.8X trailing 12 months gross rental income or 9.7X gross income projected over the next 12 months.They plan to renovate the units and increase gross rental income by 11-13% in each of the next two years and then level off at 3% annual rental growth thereafter.

I am thinking of investing in a syndication that is buying a 157 unit apartment project located at 3117 S 192nd St. in SeaTac, WA 98188.It appears the property last sold in 2015 for $1.8Mn….the syndicators now plan to buy this property at a price that is about 60% higher and around 10.8X trailing 12 months gross rental income or 9.7X gross income projected over the next 12 months.They plan to renovate the units and increase gross rental income by 11-13% in each of the next two years and then level off at 3% annual rental growth thereafter.