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.  

EDUCATE YOURSELF - yes, it will take time, but will lead to a selection that better meets your expectations & avoids potentially costly surprises!

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.

I do them pretty frequently actually.Happy to connect!

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.

Visiting the city frequently, I noticed that it is not as alive, homelessness and crime are rampant, car break-ins are high, and the overall vibe of the city is very dirty and poor in my opinion. 

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?

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.

Short term guests are frequently on vacation, and are outside of the house a lot of the time, sightseeing, eating out.