You will have to gather more accurate operating costs (vacancy loss, taxes, utilities, insurance, mgmt fees, maintenance, HOA) to best determine potential future performance.

I have a client that I just picked up that should have been filing a partnership return since 2006 but filed on Schedule E.  

It would be ridiculous not to pick up guests from other platforms.  

Implementing water-saving initiatives is a smart way to reduce utility costs.

Very common for most of today's gurus to utilize these types of subterranean creatures. 

The last few years we've just been nickel and dime-ing it--  picking up small value add add-ons near existing properties and recently did a "trade-up" 1031 exchange sale/purchase for a newer/better neighborhood property with one less but larger higher rent units.

You have to take your pick between charity and business.

Hi Michael,I'm currently stuck on picking a market. 

Some of my clients in this scenario literally just pick-up the phone, tell the seller of their specific property they are interested and they are well qualified, and see if there is some kind of fit. 

Thankfully I picked the right sponsor LOL.