A buyer usually prefers new appliances included because they are getting rolled into their 30 year long term financing and even at current rates that is a lot cheaper than buying them later on a credit card. 

If we look at this number, either cap rate move to 6-7 or rate went down 250bps that could help these folks.For office /hotel valuation, we see extreme valuation goes down 85% to 2004 level.

Dominion promised one interest rate and delivered another by the time we got to closing on the second loan.

Study after study have shown that default rates skyrocket when the borrower/guarantor doesn't have adequate skin in the game.

But, it has a much higher success rate. 

If we were running a cap rate on these you'd have a worse return than just going and getting some CDs from your local bank and YOU would then have the fun of dealing with tenants paying less than 50% of market rates (assuming your numbers are correct).There's no deal to be had here unless you can bring her down significantly on her ask.

We were just not looking to buy RE because the rate was lower than current market or the leverage was a little better that's a fools errand . 

Each class has different tenant pools, appreciation, turnover rates, etc.

House hacking is tough to break even with in year one (with current house price run-ups and interest rates) for a couple reasons:1.

One thing I would look into is tax rates for the commercial property. 9 times out of 10 hotels are taxed at a higher rate than residential.