1) Deferred maintenance 2) Professional design, landscaping, and misc. upgrades3) Built a functional guard house and gated the property to complete enclosure 4) Income based valuation vs. comps What was the outcome?

Low and behold I view the property to see that the "garage storage" is actually a fully fledged and functional detached unit.

.+ Vertically integrated operating platform: We now have around 70 employees spread across five functions: Acquisitions, Property Operations, Manufactured Home Sales, Finance, and Administration.

In the search function type in book recommendations or any variation of books.

By definition a Capitalization Rate is a function of NOI and Property Value.  

Not really for the doorbell function itselfFloodlights since it's so dark at night.

I have a few lenders who I rotate through for that very reason.

I have about 4-5 lenders I rotate through. 4 of them provide DSCR loans.

Rehabbing multifamily for the best appreciation value will come down to functional items like bedroom count, bathroom count, AC, parking, and basic cosmetic (like carpet and paint) because these are the items that can increase the rent.  

The appraiser is saying that home is functionally obsolete and basically giving it no value.