Go at it as a weighted %, COC and financed amounts in your IRR, each computed and viewed together as your WAR, weighted average return discounted.

It's actually a beautiful and rapidly improving area, especially near riverside drive.

The why will out weight the risk you see.

@Chase Alison MatthewsI agree on #4 on SBA PPP, unless Congress acts many SMBs will go out of business.Also the number of SFR going to forbearance is rapidly increasing.When do you think (before FDA Covid-19 vaccine) is where we MAY hit bottom, when it comes to asset values (which are being propped by Feds printing money)?

The only Pendulum item that could rapidly swing this, is if the worldloses “Faith” in the US dollar.

It has changed rapidly in the past 5 years and more so this year than ever with people fleeing cities.

If you that I see around here is one you start going to stick and larger units the noi % starts to decrease rapidly because you get into a point that you're competing with hedge funds.

Lucky me, rapid appreciation and also rent increases have gone to the roof in the recent years, so cash flow is now adequate for that particular property I purchased for +250K and now renting for $2.5K. 

Ideally in a market that is appreciating rapidly.

Meaning exactly that, you can cross a street or two and the whole neighborhood can change rapidly in value, crime etc.