And what is your price range and are you looking for turn-key properties or something along the lines of a "fixer upper"?

Purchase price: $839,000 Cash invested: $83,900Bought an up/down duplex 4 blocks south of Sloan Lake.

We are chasing add value apartment complexes of 32 units or more, priced between 3.2M - 4.8M, purchasing all cash while using SOFR or Fannie as contingencies, targeting a 6-8% cap upon entry and want to operate sub 5% for stabilization.

Keep dropping it in increments until it's rented.It's always price.

This approach ensures realistic pricing and helps avoid unexpected costs later.Good luck!  

They have a HUGE incentive to do as much work to the property at the highest price.

For a new agent to land a listing they typically over promise a seller a high price to win it and then spend money trying to find the magical buyer to purchase it.

You will need to justify the sale price of those assets to the new owner at their then current value on your books.It is a big hassle to do this, but it can make you a lot of money if you do it right and are careful in your record keeping.

(August 2022)Single-family residence buy & hold investment.Current Value Estimate: $410,000 Purchase price: $345,000 Cash invested: $5,000

As much as prices have increased, comparatively you still get A LOT for the money.