I can justify any price (and some high fee syndicators are still doing so), if I just play with assumptions, prepay and buy down my interest rate, and hope that sub-5% cap rates will be returning in the next few years.But if you know your market and market cycle, have an idea where interest rates may be going (this is an educated guess for all of us), and then have your assumptions, you can certainly have the conversations you reference with brokers and see what their take is on pricing and if it is worth writing.Finally, I have said this before and will continue to say it, whether we are talking single family homes or 400 unit apartment complexes, off-market purchases do not make something a deal.  

Bigger Pockets is a great place for education and networking and is full of great content.I recommend that you check out the following resources:1.

What was comical was I spent 20-30 minutes educating them on how to get fund sponsors.

For anyone know of where you can go and get financial education in a camping style format?

My plan is to spend the next year saving up for a down payment and educating myself.My question is this (thanks for staying with me this long!)

PassivePockets is for those interested in truly passive real estate investing through syndication, so I needed to begin to educate myself more on this real estate investing road that I hadn't yet considered for myself.

I don't personally know anyone who signed up for the training from either TT or the attorney, so I can't speak to that.My suggestion would be that if you don't have any real estate specific education, take the real estate pre-licensing classes in your state. 

So the affordability was worse for financed properties in the 1980s but the income was higher compared to that cost than now.This may be worse cash flow market ever but value adds can produce large sweat equity, alternate rent models (rent by room, STR, MTR, etc) has never been easier, education has never been easier, there are other RE options other than residential.  

If you operate an STR, gross income is your total rent paid by your guests, before any subtractions.To figure out your taxes, you take this gross income and subtract from it all allowable business expenses: marketing, education, technology, licenses and fees (including Airbnb and credit card fees), office expenses, business driving and so on.

So I would educate them on the fact that they were given a gift for many years, and now that you have finally chosen to raise rents to market (so that you can make the profit that you deserve) they will have to wait for a year so that you can put aside some of your new (and well deserved) rent increase to pay for their nrew floor.