FLU I would have to look back at the tax roll… It actually may have been 03… maybe late 02? We bought a 1/1 in the Mission Plaza complex. I believe that is late 70s vintage stuff. I wanna say we bought it for 153k and then sold it for 200k even to the tenant in 07. Could have sold it for 240k at peak. We did not cash flow on it… We were about .5-1% negative flow but we had a great tenant from purchase of the home until the sale was made.
Getting back to the question posed by the poster, at least from the quality of tenant we not only had a good one, but many of the applications were also pretty strong.
