1. Please select the statement that best describes the marginal rate of return for property? Group of answer choices

a. The return gained by holding the property for one additional year

b. The expected holding period return earned when the investor purchases the property

c. The return earned on subprime property relative to prime property

d. The APR on an incremental amount of borrowing

2. All of the following are a benefit of rehabbing a property except for:

Group of answer choices

a. Lowering vacancy

b. Increasing operating expenses

c. Increasing the future property value

d. Increasing rents