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Seller motivation is the hardest variable because it often cannot be observed directly. Actual pricing actions are better evidence than assumptions based solely on whether a unit is empty.

While browsing the New York board, I kept wanting a consistent way to filter threads by closing costs. It would make local property comparisons easier and cut down on repeated questions in valuations and market reports. Would you make this a required field, a tag, or a search filter? My concern...

Enelson’s questions should come before the spreadsheet. Once the ownership structure is clear, make three columns for each property: fixed recurring costs, plausible work within five years, and rare but expensive events. Add a vacancy period and a higher-than-expected energy bill to both cases...