I dont know your market but EVERY broker in the world will over promise upside rent and poorly managed (inflated) expenses. do your own DD on both of them and come up with your own pro-forma to evaluate.

Finally ready to take the plunge and actually start investing in real estate rather than just talk about it, so I upgraded to Pro.I'm focusing on BRRRR single family homes to start and as I do not own my own home, I am looking to house hack for my first deal.Still early in the education process and putting together my team, but excited to progress forward and hopefully connect with local investors.

@Pete HarperHey, I was curious to see if you made any progress on your tiny home project.

I've tried all of those, with the exception of Deal Machine, and unless I'm evaluating them unfairly, none meet 100% what I would want in a platform. 

I evaluate a little closer (along with the 2% and 70% rule) here: https://www.biggerpockets.com/renewsblog/2015/09/02/real-estate-rules-examined/

He's got some decent motivation so I don't want to pass up a good opportunity.Would someone be willing to give me some guidance on evaluating and negotiating a hotel deal?

With the Income Approach, the appraiser is going to evaluate the income and expenses of the property to develop the Net Operating Income, then they'll apply a market Cap Rate to the deal.

They aren't financially responsible if things don't get fixed etc.In my area many out of state landlords designate a local partner, handyman, etc as being their "agent" for purposes of this requirement.If there is a serious issue with the property, I guess there can be no excuse for the agent not to come to the property quickly to at least evaluate and start to address it unlike someone out of state.

I am currently evaluating a multi-family investment opportunity in Anaheim, CAIs there a local commercial broker or property manager who could tell me what the market cap rate is for C class multifamily buildings 10 to 20 units in that area?

Juliette feel free to reach out anytime and I can help you evaluate the various options!