FSD, you mean SF of 20 implies gross return of 5, right? Isn’t return the inverse of the SF? It makes sense that you would want SF of 8 – 13 (giving you 7.6% – 12.5% return). I don’t know where that came from. Maybe the landlords can explain. I guess you have to add the maintenance costs and property taxes too, and the cost of vacancy. What SF do you use for your rental property? I have never bought rental property, so this is all new to me.