I say, not exactly, but it is a good starting point, particularly for beginners to keep them safe and make the numbers simplified for calculation purposes.Using any "average" particularly across the country, is not precise or relevant to a specific given local area in one part of the country, therefore, the rule (or guideline to be more descriptively accurate) must be amended on a case by case basis - per investor skill level, per area, per size and rent level, etc.

Precisely the mindset needed to thrive with virtual assistants.I primarily work with virtual assistants in the Philippines. 

I cannot tell you precisely what the current market CAP rate would be in that class of property - namely because I care little about CAP rate when underwriting - but sales of slightly larger buildings (15 - 30 units) have been down in the range of 5 - 6% over the past couple of years.Nothing a small hike in interest rates wouldn't help.Moncton is a little more varied.  

I also buy real estate & other hard assets like oil & metals precisely because they can serve as a currency of their own & protect me from government & the dollar.Cryptos are in their infancy & I understand your skepticism as they have a long way to go & will become hard asset backed like a gold standard after the next crash.

They also have rent controls and strict rules on precisely which forms you must use to serve notices. 

Precisely.

Its not used because, and at least from my limit experience, I've never come across two investment that had such similar characteristic that I needed to get that level of precision in my measurement.

Easy to say, impossible to do accurately, precisely, and reliably, but it is what makes all of us money.

The reason that this recession will be so nasty is precisely because COVID-19 unemployment is disproportionately targeting those that are already in lower to middle income brackets and entrepreneurs, and has a much lower impact on high earning w-2 knowledge workers.Will prices go down in Tech driven markets? 

to Be more precise: the wife said that they are leaving at the end of September.