Most haven't taken their properties acquired through the BRRRR method full cycle and gone through the sale process you are experiencing.

@Deandre BrownIt depends where you are in the market cycle.

Here's how I do my due diligence:1) Portfolio matching: (takes 30 seconds per deal)a) Have an educated opinion on where I think we are in the real estate cycles (financial and physical market cycles)b) Then and only then do I pick the strategies, capital stack, and specialized asset subclasses that make sense for that opinion.

Something like 10 year cycles.

As we all know, the sales cycle.. better yet the cash conversion cycle in Real Estate Investing is quite long.

The next phase of my maturation cycle is gaining "on the job experience" in the form of GP participation before attempting to take down a deal by myself. 

This cycle has played out numerous times:Mobile Home Park Residents Lose HomesMidfield Mobile Home Park Residents Lose Court BattleLoss of Another Tempe Trailer Park Highlights Lack of Affordable HousingMobile Home Park Residents Face HomelessnessIn an effort to preserve our country’s affordable housing, it is our duty as community operators to keep Lot Rents in line with the market rate.

Understand the Market CycleEvery economy and market experience cycles: expansion, peak, contraction, and recovery.

The Sponsor: Track record, their experience in the asset, their assembled team, any full cycle deals.

And there are sponsors that have survived multiple cycles with little to no money lost and sponsors that are brand-new (and everyone in between)So these all come with a wide range of projected returns, actual returns and experiences.