(CHAPTER 11) Select ALL that are FALSE! Do not try to click on all Negative points will be given for any incorrectly clicked answers Arbitrage Investment strategy is when an investor buys a property at the right time when it's cheap and resells it at the right time when it's expensive Investor's cash flow in the final year is lower in the presence of a loan, and is even lower in the presence of taxes. After-tax cash flow before tax cash flow levered cash flow. of operating expense per sq.ft. is 55, and the expense stop is $4, then the building owner pays $4