This will very significantly from market to market, diff utility costs, harsher weather regions more maintenance snow blowing etc, but for just comparing two properties in the same area it doesn’t mater as long as you use the same multiplier.

What counts is how you underwrote, well they cashflow, and that you have an adequate money supply to weather a sudden storm so you  are not forced to liquidate the asset.

More precisely in the East Bay where the temperatures and weather are pretty moderate.

This is a weak neighborhood but I couldn't resist the cash flow.

Thank you @Anna Sagatelova , I have heard of that idea before and will keep that in mind as it may be the path of least resistance.

I will tell him that we will raise rents to market after repairs and that we do not desire them as tenants due to the smoking (we no longer take smokers - even ones who indicate they will only smoke outdoors), the marijuana (legal in our state but prohibited on the lease due to my W2 occupation), starting the fire, how rough they are on the unit, etc. 

Builders are building massive 8+ bedrooms with amenities in the homes (outdoor kitchens, lagoon pools with swim-up bars etc. 

Taking the path to least resistance when it comes to building departments and focusing on the end goal (a cash flowing unit) over it having a specific size or design that we wanted. 

I’m kind of tired of the Buffalo weather and we haven’t had much luck on the investing side of things.

That's it.....Got to have deeper pockets to weather that storm for a long time and be financially prepared if there are some bumps in the road or it doesn't appreciate as much as your thoughtYou don't sound like you are in the position to do that....so I would say HELL NO......