What two elements are involved in every investment decision? A. comfort and value of future benefit B. initial cost and value of future benefit C. initial cost and preference D. recognition and preference An investor seeking to effectively manage risk would avoid which strategy? A. choosing properties they know nothing about B. studying real estate markets C. gaining experience with the type of investment of interest D. employing experienced help and advice Which is NOT a step in the analysis of incremental investments for commercial real estate? A. find a tenant B. estimate the cost of the improvement C. convert the projected net revenue changes to incremental present value to compare costs D. estimate the resulting increase in net revenue A monetary investment decision for a home would include the A. location of work. B. opportunities for sports and recreation. C. convenience to social networks. D. appreciation of the property. The use of mortgage debt to