And while there are many ways to calculate the profitability of the note I created,  the resultant investment yields significantly more than purchasing an investment in the competitive market environment.A summary of the deal is thus: My partners and I owned a 11,000 square foot retail/service center on a main thoroughfare in North West Houston.  

Sale Price vs List Price has a slight upward trend but nothing out of the ordinary indicating an upward trend in buyer competition.

With the number of Sales in the Greater Boston area this change is likely caused by a swing in competition from buyers raising the average over asking sale price.

This will be a metric to watch as the year continues as one of the indicators for buyer competition.

.- Competitive pressure to deploy capital compressing dropping of rates. - Buyers are underwriting portfolios to as-is rents.- Machine learning models are helping to reduce risks.- Reverse migration to Rust Belt is occurring based on affordability issues elsewhere.- Scatter site is a defensive asset offering a lot of optionality.- Market conditions are challenging for scatter site hold unless you are underwriting a 10-year hold.- Setting up operations for SFR from scratch is very difficult.- One investor is buying at cap rates in 5s or 6s.

We have a housing shortage, Milwaukee is the second worst (competitive) rental market for tenants behind Miami, FL. 

Considering using you but also considering some of the competition. 

Insurers are pulling out of certain markets leaving less options and less competition.  

If you aren't familiar with them, check out Cold Water Gardens in (North)Milton for ideas on layout and competition. 

Plus it's still a seller's market in most areas around the country so it's competitive.