ANY mechanical system that is less than 80% efficient is deemed worthless by today's standard.Now, you have to spend a TON of money for pretty much miserable deals.You have to skip trace, you have to buy a list, filter the list, have 3 numbers to track which mailer performs better, follow up, bla bla blafor what for a miserable 3% success rate?

I once stayed at an Airbnb mixed with ltr and found the long-term renters way too casual in their behavior and attire."

@Praveen Cherian you want to buy performing or non performing?

Board members get sued for their idiotic decisions(see above lack of skills)....and those tend to go nowhere because they are indemnified from any causes as a result of their performance, except illegal acts.Most condo fails are due to expense control. 

Any repairs that the city requires you to perform must be done with a licensed contractor.Saying that, student housing can be quite profitable.

BP Communitywe have an opportunity to buy several non performing notes on tenant occupied properties where we buy and hold in New Jersey. we have an agreement to get title in leu if deal is agreed The notes are non performing as of JuneExampleProperty value 140,000100,000 noteTenant occupied 1300 a monthTax lien 6000 no other liens except utilitieswhat more information is needed?

How do you know if what your mailing is working (and what aspects are driving performance)?

A couple of years ago, @Yonah Weiss performed a cost segregation on a small apartment community that I own and it offset a large taxable gain I had on the sale of another property that year.

Do you perform regular property inspections?

The cap rate allows you to measure and compare the property's performance (and potential performance) as an investment compared to other properties, and compared to dissimilar investment opportunities (such as stocks, bonds, precious metals, etc).The cap rate is also the primary determinant of a rental property's value.