Thank you all again for your advice and support. 

Hey Maliko, Unfortunately, I can't offer you any guidance from an experience standpoint, but I can offer you extreme value from a support standpoint.Myself and a few other young (18-19) year old investors have started a small networking group in order to answer these questions and support each other at this crucial time in our REI careers.We aim to make sure all of us stay on track and are committed to engineering and creating the future we want. 

This is _the_ top networking event every Wed in Atlanta since everyone is supporting themselves off real estate.  

It might be there isn't an answer supported by academic research, but I'm gonna keep looking. 

We are doing everything we can, but ours is only one voice and strongly needs the support of others.Wondering what to say to the legislators?

Many of such I frequent and support whole heartidly.  

If you sold a "true" 12% Cap Rate SFR rental at a premium, it didn't sell because it was a 12% cap rate, it sold because the sales comps in the area support that price, regardless of whether you thought you got a premium.The reality is you can calculate Cap Rate on anything that spits out revenues and expenses.

However, for this property by beautiful Lake Merritt, under rent control, it will not generate enough income to support a 75% LTV.

Parents are not happy about that.)Anyway, that has made me a bit nervous investing money on his suggestion to build but I'm definitely seeing that the market supports it (Being that there is single family development going up everywhere in Northwest Arkansas.) and that my knowledgable agent suggests I think about that as an option since she sells new homes all the time that are only on the market for less than 3 weeks before sold. 

Or is it more like replacing piers and supports?