I'm hoping it's legit and I have a good outcome following his instruction.

If it turns out to be some mythical pie in the sky projection about what the cap rate might be 5 years from now, and my buyer client [ideal outcome to follow] has to use that to negotiate price down, oh well, guess they shouldn't have misled in their marketing, sucks to be the seller who hired a broker that advertises falsely, guess they should do a better job next time.

What was the outcome?

Each opportunity has potential outcomes. 

How well do small value add projects benefit the investment outcome in your experiences?

We remodeled every unit bringing the value to $1200 a month from $625.What was the outcome?

I'll be doing a partial garage conversion and will add a bedroom, bathroom, and large laundry/storage room which will increase the living space about 300 sq ft.What was the outcome?

What was the outcome?

What was the outcome?

Purchase price created instant equity.What was the outcome?