He may realize the offer he had was inline with the value.

I think there was some thinking on the part of "investors" that they were getting great deals on lots, when what was actually happening was they failed to realize how much lots were devalued after such a disaster.  

I didn't realize that Bigger Pockets did that much vetting-- thanks again

I also always keep my rent increases in line with the local market, so sometimes I'll have tenants threaten to leave sometimes, and once they do their research they realize that it wouldn't make sense at all to find another property and end up paying the same thing.

And basically I’m just realizing I don’t know how to know if these are reasonable prices or not?

The plan is to use the heloc to purchase additional properties, and basically brrrr and pay back the balance - then repeat.What I didn't realize is how difficult it is to find a business heloc.  

Maybe try to find someone like that who is just starting out and realizes that real estate is the golden goose over building their own law firm?  

I realize this is an older post, but I just wanted to drop a note and mention that my family and I own and operate a property management company that primarily serves Palm Beach County.

A smaller paid off portfolio seemed a lot easier to manage so that is the path I was on.. but I've come to the realization if I ever want to accumulate serious wealth I will have to use leverage and scale big. 

I'm starting to realize that investing is something I want to consider learning for long term as I spend more time in this industry.