@Sam Newell -- The CAP rate and COC returns through FIG's new 4-plex constructions are the selling points in what is otherwise a very competitive rental property market in Salt Lake and Utah counties.  

tougher than advertised. there is lots of competition for deals; good contractors are booked up; materials are expensive; and interest rates are high.

But they (proportionately) got significantly better since the Global Financial Crisis, when their unemployment rate was above 20% and their young employment rate was way higher.$60 to $120 for a room isn't bad.

Cons: Market competition can be high in desirable areas.

If your competition is at 60% cost to income, then you should be close to that

If you have a property under contract at a great price, and a competitive bid scenario between multiple investors may be the right course of action, consult with a reputable real estate auction company.The auction company should be able to tell you pretty quick whether your deal is as good as you think it is.

With the higher inventory we are seeing and the rates staying where they are, I think it's a solid time for a buyer to get a deal from a seller that is struggling to get their pricepoint due to too much listing competition and high buyer skepticism. 

Are you cognizant of local supply/demand and buyer and seller competition?  

I would be more than happy to help review anyone’s coverage to ensure their coverage is not only correctly protecting the asset/liability needs, but the premium is also competitive across the industry.

Memphis is a major transportation and logistics hub, home to FedEx’s global headquarters and a key center for shipping and distribution.