The sewer bills vary by location and they even factor in the "ERU" which measures the roof and paved space on the property which creates water run off into the sewer system vs space where storm water would be absorbed into the soil.  

Most people would've stopped there , but I ended up researching a good probate attorney and offered to absorb the attorney fees under the condition that they provide the attorney with EVERYTHING he needed and provide their full cooperation.They were thrilled with the offer and we are now moving along.Hopefully you see the pattern here which is persistence and an unwavering will to always find a way to blow through any obstacles will be the key.Not all deals are easy..but the difficult ones provide much valued education.Jimmy

Did you have room to absorb 20% lower ADR?

Capex improvements capitalized no value because population growth ground to a halt and there were no new jobs to absorb.

I'm here to connect, share, and absorb as much knowledge as possible.

I need to keep my focus on growing my business)Interested in residential properties (single or multifamily).Looking for advice on the type and value of properties to target as a beginner (my family owns a bunch of commercial real estate)Open to suggestions on expected returns and whether to focus on long-term leases or short-term rentals with management.Looking for suggestions on if I should look in both PA & FL (FL is significantly more expensive, but a drastically different market & renter)Primary objective: Diversifying assets, with a focus on slight income generation or offsetting expenses, and mainly long-term appreciation and growth in assets.Desired Return: Unsure, but 5%+ sounds great.Given my limited experience in real estate, I'm here to learn and absorb as much as I can from those who have walked this path.

But, how much more of a discount are the banks having to absorb by selling in bulk?

I can absorb the information but I often wonder if this can ever be a full-time venture or if I'm going to dabble the rest of my life.I know it's up to the person, but I want to hear if the idea is/was a reality for some of you.

Looking to absorb at least a small part of your knowledge.

In the interim you are going to be stuck with a home in a stagnant neighborhood that will struggle to absorb operating expenses.