id=36332As you can see, the average rate is $68 and average occupancy is 62%.  

I've been looking on LoopNet for Multi-unit properties in North Carolina and wanted to get some opinions from my experienced BP members.Church Street Apartments264 Church Street, Concord, NC 28078$465,00014 Units Multifamily Property For SaleBuilding Size:0 SFPrice/Unit:$33,214.29 Property Type:MultifamilyProperty Sub-type:Garden/Low-RiseProperty Use Type:InvestmentCommission Split:3% Cap Rate:13% Gross Rent Multiplier:6.62 Occupancy:100% Lot Size:0.53 ACAPN / Parcel ID:56217008770000Listing Net Operating Income $60,450Here is a link to the property http://www.loopnet.com/xNet/MainSite/Listing/Profile/Profile.aspx?

.*3rd mortgage not yet foreclosed (client walked away got hand money back), *not passing dye test, bank insist its OK, and it was 15k fix and title will not transfer til fixed (client walked with  hand money back) *occupancy permit headache, past due water/sewage/taxes, zoning verifications. 

As for apartment size v. occupancy #, I don't understand why this hasn't been made more clear in law.

Rent commences when the tenants takes occupancy generally. 

Also, what is a good occupancy rate in Memphis? 

I have heard of calling police station to ask about the address/ recent crimes and stating you are investor, but this is obviously not the routine when initially checking on many potential out of state investment properties at once. im sure some of you have your 4-5 websites in order that you use to analyze an out of state property. as of now I use google maps and the 360 view to cruz the nearest streets and intersection. then I go to rentometer dot com to look up avg rents. and their claimed accuracy. then I look comps on Zillow for value. even any sites used when checking on rental potential or the growth in the area for solid rental occupancy in the future would be extremely helpful. thx :)other than that im very curious what are routine habits for others!!  

What value buyers put on the improvements really depends on what people are looking for.For owner-occupants, you can't expect a full return because buyers don't give the same value to a bathroom or kitchen that's been used, even if only for a few months.However, what owner-occupants often really need is "polish" and proper staging.

My primary occupation is as a network engineer for a local company.

I have no data to back this up, but wholesaling real estate seems to be the fastest growing occupation in America.