By upgrades on windows I mean new shape and size.

Basically, he is apart of a hedge fund who has a 10 year history of producing 15% average returns in managed futures.

This example is not a good investment IMO because it does not provide good rental income nor does it provide very good prospects of above averager appreciation given the price structure I see.

The method I used was to look at sales in the past 0-6 months, a radius of 2.5 miles (big house, with big lots), and average the price per sq. ft.

I would most likely inhabit the middle sized unit, (950), due to how much stuff I have.

The SFR's and MF's sold in the past 30 days in my area show an average sale price to list price of 96-98%,and it's been that way for years.

I pay around $200 but it depends on the house size and location.

Average rent per unit is $900.

I would think in a city the size of Dayton there will be several N/Ps in the hosuing arena, if so, see who they are and what clients they serve.Actually, besides buying properties, there is little capital required for a start up.

However bad years even out the yield so that a 4% average return is most likely scenario.Many people have profited in the past from land price inflation.