I still feel the houses in my area are over priced for what they are and they never measure out on the calculator, but very worth watching the market not to far north from me. 

APPROVED, I actually had to verify numerous times that it was not a joke and that we had actually gotten approved for the short, a lot of other measures were taken but I can't give away all my secrets.

They currently are pushing a lot of new rent controls into Santa Monica, LA and Long Beach.https://audioboom.com/posts/5228575-ronn-owens-rent-control-measures

Hopefully you will find the REO's you are looking for and be able to wholesale bypassing using alternative measures in REI.God speed!!!

NPV is defintely the best measurement of value for any investment.

Remember that your IRR (internal rate of return) on that added equity will likely drop the longer you hold the property, as IRR measures an annualized return, and it will be difficult to add the same amount of equity year over year.

I'm ordering a 365 nm blacklight to find all the pee on the walls, though I feel we may have to just cut the bottom 3 feet or so out for good measure. 

I wanted to ask about some measures you use to cut down expenses on a property.

We measure volume in total units, not really whether some are SFR vs. multis.If you're considering PMs, you must have some concerns about how your properties are being handled now - if you have any specific questions, feel free to message me directly.

This makes things relatively simple (again, compared to buy-and-hold data analysis).I'd suggest looking at these measures:- Months of Inventory- Days on Market- Housing Starts (Likely Upcoming Supply to Compete With)- Any Major Upcoming City Projects in the Area- Any Major Road Construction in the Area- Likely Impact of Seasonal Selling Trends in Your Area Based on When You Plan to SellYou can also look at likely foreclosure rate to determine where supply is going, but since you likely won't be competing with those properties, that's less important.