Sellers generally recognize that some assets are likely mispriced, whether too high or too low, because the sellers knows less than local investors and are likely relying in large part on BPOs.   

For example, if the guy with the CRM company is asking the CRM questions because he actually is seeking the info from the public, what they like, hate, need, want, so he can go back and use that info to better what he's doing, hey high-5.Unfortunately, that's maybe what, 1:1,000.... 

If one is a high W2 earner, real estate is not the place.

@Greg Kurzner Thank you for speaking highly of me.

I would highly recommend looking into syndications!

Are their listings detailed with good-quality photos?

@Kris Lou Be careful with agents as 95%+ of them really only know how to handle owner-occupied transactions.We don't do biz in Indianapolis, so this is unbiased info we hope you find useful:Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

Also Condos are dealing with high special assessments.

I updated the kitchen with high-end appliances, installed custom cabinetry, and added modern finishes throughout.

The neighborhood has been flourishing, making this incident highly unusual.What initially drew me to the property was the potential for high rent and strong cash flow.