In simple terms, the CAP rate is the return you would earn on the deal if you paid all cash and had no loan on it.NOI = 100kCAP = 8 (expressed as .08)100k / .08 = $1,250,000 ValueIf you paid $1,250,000 for the property and it generated $100,000 in NOI (Operating Profit) you have got yourself an 8% annual return.

Part of me wants to document the goodwill I am expressing in appeasing these people.

This evening when I told him about a potential rental property that I visited today that had some messy tenants in it, he expressed disgust and said that was a reason why he didn't want to do it - because tenants don't take good care of the properties.

This is a very common situation and I am surprised that seems to be some much confusionBuying a house as is simply means the seller is not making any repairs but And I repeat but your did not waive any or your contingencies unless expressed in the contract1- Right to due diligence  as per California law2- Right of inspection3-Appraisal and financing contingencies, title issue  etc etcYour agent should have sent out an addendum cancelling escrow if seller does not respond to your requests for repairs or whatever you wanted before your due diligence period expires  The emd is yours to keep if your sent out the proper notices during the time periods  allowed  The agent should know this it is Read your contract to confirm 

What I would suggest is if you're going to give advice please make sure you do so expressing the situation and the qualifications that support the statement. 

@Andreas ErnstHere's the current list for Alameda county: https://adtech.dailyjournal.com/AdTechAds/ads/1/29...This was published in last months e-edition of Inter-City Express...Hope this helps....

Since you expressed an interest in wholesaling to start, Id definitely get my license.

Many looked at the house and expressed interest, but very few applications were forthcoming. 

Recently, the panda express family bought a mixed use building in my back yard for $154 million.

What is the best way to repay her and express our gratitude/compensate her for her time?