Important to note, there is a distinction between capitalization rate of properties listed for sale and properties that have closed.

But the mindset contines- one of the largest PMs on here says the contract releases them from liability and no money for site checks.

Interestingly, it wasn't until I decided I was ready to transition away from my current business that I popped up for air long enough to realize we had built one of the largest, most branded and visible, and highest grossing detailing businesses in the area.

I run the largest REI meeting in town and I have invested both in Vegas and out of state. 

My understanding/impression is that most of the 15 tenants are in the 700-1500 sq ft. range with the largest space being 2200 sq. ft.The Office Submarket looks as such: Flat capital growth and lease rate growth since the recession13.7% average vacancy rate in submarket 3 star (10.9% across all level properties)Availability rate 13.9%12 month net absorption SF 227kAverage 12 month sales Cap 7.7% (across all star properties)0 new properties under construction or to be delivered in the next 12 months Average lease rates are $22-24 sq. ft (this property is about 21.5-22)Value add (seems to be a stretch but might be):Upgrading interior hallways and exterior for a broader appeal and capital appreciationOffer basic build outs to interested parties (not something the current owners do) Working against the office submarket in North NJ is a declining population.and high property taxes but the 2 star being at the bottom may be better equipped to handle stagnancy.This building is on main road with a15-17k car count a year/ does provide signage is near retail and less than a 1/5 mile off a highway exit and is close to a city center.  

I’m also investing just 30 minutes outside of the third largest city in my state though.

Some cities between Dayton and Cincinnati (the 2nd largest city in Ohio) - like Middletown and Franklin - also offer great returns and have high renter percentages than other suburbs. 

Their rents gets hit and here is the distinction between the average BP'er and Grant Cardone; he can weather the 8-12 month storm and/or reposition his assets with cash reserves, lines of credit, pooling cash flow ect.

I have found really distinct opinions on it.

I've never heard of such a distinction.