HLS, you stated earlier that you multiply the monthly rent a place would rent for by 125 and that is the real value of the property. What is the rational behind that? Is there some kinda math or historical norm that relates to this number? If you multiply the current rents in this area, you get a number that is WAY lower than anything in this area. Like 50% reduction from todays prics. That seems like alot, considering that MM has fallen more than most other areas in this area. For the place I rent, it would be ~200000, but I am sure it would be listed right now for ~400000+.
