Sold to tenant before having to pay capital gains tax (extended occupancy test due to military move).

I know I speak for the group in thanking him for the extended time and sharing his insights on the various markets and current conditions of a few select markets that were inquired about.  

Just before the review period expires, he's going to get a rude awakening when he reads my honest review of him. 

., homes under contract) were up around 20% in the greater metro last month compared to the same period last year.

So there is a 20 unit building I'm attempting to buy, I made an offer of 1,500,000, 60 days inspection period and cash close, need to see 3 years of bank statements as proof of income. 

Instead, you want to find out about the property owners in the area and keep in touch with them long term via periodic calls/messages, emails, drop-bys, mailers, etc.- FSBO: Free seller leads on Zillow.

Especially considering this performance is over an extended period of time.  

My groups probably never look at influencers or care what they have to say.Most of our folks are either families, extended families or groups riding the bike trail.I think it could work is some instances, but I would have to ask myself, "Do I want that sort of guest?"

payback period are over 5 years.

And, assume that rents increase by 2%/Yr and inflation averages 5%/Yr over the expected hold period, which I will assume is 20+ years.