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.  

I'm trying to find something from them or anyone showing occupancy rates historically as I love seeing some of that data - as both a builder of str cabins in eastern tennessee and someone holding str cabins in eastern tennessee. :-) Any chance you have a link or two to the report? 

I’d love to hear how you approach gathering rental data and any other resources you recommend!

@Daniel Windingstad,I believe @Taz Zettergren mentioned Alabama, and I wanted to chime in since I’m active in multiple markets across the state.I’ll talk specifically about (property) taxes since this data can be easily compared.

The last couple years of data are hard to point to conclusively just because so much was changing in the market, but it looks like at this point you've likely ridden the value down, and from here it is likely to rise and has started its trend back up.

Hillsboro - A little known fact is that Hillsboro is one of the leading locations for Data Centers on EARTH. 

According to data from the Housing Authority of Baltimore City, demand for vouchers remains high, and resources are stretched thin.

As I always say, timing is everything in real estate.Sounds complex?

As a smaller investor, it's great to do all the data analysis with widely tracked metrics, but its also refreshing to hear the emotional and experiential data points from fellow investors as well.

Several of our out of state investor clients are securing very healthy terms on CRE including apartment complexes and industrial warehouse spaces with as little as 25% down and rates currently ranging from 5.5-%-6.75% on 25 year amortizations.