For some people...I know hard to believe, but for some people all they can visualize is debt relief.

Since the debt markets are dynamic in nature as related to interest rates and debt structures cap rate is the one constant that can be used as a guide to compare the deal to current demand.

Yea, I think it's important to learn the key factors for you individual area.The following is an excerpt every market is subject to different dynamics, governed by factors as diverse as local restrictions on building, job growth, and cultural pedigree.

BUT only SOLD COMPS 6months or less, close to the property, make sure apples to apples ie 3 bed/2bath--3/2 ; sq footage same (close) and close to same year built.5) Work on developing a team-- this will be dynamic at first..a) A good realtor 2) title person--help get comps 3) banker 4) loan personyeh contractors-- Im a general but a have a good eletrical. painter, tile, hvac, group-- maybe you be the general and find good subs--6) TO BE truly successful you MUST start a data base of Buyers and Sellers --KEY --Investors are buyers-- NETWORKING is another giant key.GOOD LUCK , get excited when you get discourage--thats a hill you just climbed over --that much closer to you GOAL....

From what I visualize it needs total landscaping, paint, and bahama shutter repair to start; no pics of the inside.

Some areas I do not care how cheap prices are I simply would never consider investing there because of the legal system and government dynamics that are in play.

The agent may be able to handle her better than you, maybe not, depending on the dynamics, that's your decision.

It helps a lot to visualize the deal.

I still think you are going to see the same dynamics going forward that you have seen the past 10-15 years (as long as I have held my SFR there ) good rental opportunities , not alot of appreciation but good cash flow

here is what I do, I pull the property in zillow(not the best but visually you can't beat it).