Green Light or Red Light

[Karl Sannicks]

I have a deal that I have analyzed with a 9.55 cap rate.  All the properties within this portfolio are rented.  I am just starting back up and need to know if I should proceed or "due" more diligence.  I am going to start with an option to purchase that allows that opportunity, but I don't want to lock myself into an unreasonable offer price until I am confident in the right number to offer or walk away.  Any help?  Suggestions?  What do you need from me?  Thanks in advance for the help.