-Define arms-length transaction and why is it important?
-You find a sale that is otherwise a market/arms-length sale, financing terms are 20% down the balance financed interest free over 10 years. How should this be adjusted relative to other market sales?
-Expenditures made right after purchase (cost to cure)-how do these fit into sales price?
-Income capitalization is based on the principal of anticipation-explain
-Direct Capitalization = NOI/cap define these terms
-Return OF capital vs. Return ON capital
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