Here are some common items that need to be accounted for:Deferred MaintenanceProperty ManagementVacancy (speak to local management companies if you don't have a solid grasp)TaxesInsuranceMaintenance Reserve (Not their cost)Cap Ex Reserve (Not their cost)ConcessionsBad debtTurn-over costI would recommend using your own numbers for vacancy, maintenance and cap ex reserves.

Trying to get a grasp on where to start or who to talk to that would be friendly to noobie. 

Nobody really knows if it works the way it was laid out in theory by a noble-prize-winning economic, as unfortunately, politicians just don't seem to be smart enough (or have enough fortitude) to do what it takes to find out.Romney doesn't seem to grasp the additional complexity of supply-side economics, and not only will the economy not be positively impacted, cutting taxes will additionally serve to lower revenue.

And both values must be calculated using software so it isn't any harder to determine their values (besides deciding your safe rate and reinvestment rate).I appreciate the importance of IRR as a form of training wheels since the concept is already difficult to grasp; someone learning shouldn't try to jump straight to understanding MIRR.

I'm sure this will come across as abrasive, however directness, i feel in the circumstance is necessary.....I don't think you really grasp the concept or purpose of machine Learning

Only a few of them seemed to really grasp the situation, many just tried to be 'the one' who holds out for more... it was ridiculous really, to see the way they kiboshed a deal that at the time would have given us all close to a million more than values at the time.

The information you provide in your posts are very educational and insightful.Still working on getting a grasp of that IRR!

It's always nice to work with realtors that have a real grasp of the market because they can give the seller realistic numbers and control the expectations and then market to the general realistic range of motivated buyers at that time in that market.The most blatant example of goofy realtor/seller listings, is a realtor being so thirsty and desperate for a listing that they get creative with underwriting for the deal in order to justify a ridiculous asking price, that either they or the seller proposed to get the listing active.

It is a simple concept to grasp.

However, what you learn in school, sets the groundwork for your ability to grasp everything you learn outside of school.