I also am not required to attend any sales meetings or ever set foot in the office - I am truly an independent contractor and can work as much or as little as I want.On the other end of the spectrum, my colleague at RE/Max receives warm leads from the brokerage that she is able to work.

I’m not disagreeing with cash flow and leverage early on, but I have seen two ends of the spectrum and man, does the grass look greener holding a lot of equity when older, than holding a lot of debt.

At the other end of the spectrum, you can house hack without making "cash flow" and still do really well if that is the goal.

At the other end of the pricing spectrum, unanchored retail strip centers and large power centers may see pricing above 7%, which can occasionally push into the 8% to 9% range as specific market and quality factors influence each transaction.As an illustration of the disparate range of cap rates in the retail space, a local buyer, SJ Amoroso Properties, traded into Strawflower Village in Half Moon Bay, CA, south of San Francisco, at a 5.4% cap rate in November.

Taxes are pretty normal over there and it's on the safer end of the spectrum.

From an investing standpoint, I'm curious where people lean on this spectrum..

Not to be left behind, institutional and public REIT investors persist in their pace of acquisitions, homing in on first-class developments and prime locations.Yields on stabilized industrial investments continue to price in a tight range over treasuries, which began falling in the fourth quarter due to slowing economic growth and the market's expectations of rate cuts beginning in the first half of 2024.Properties offering in-place rents substantially below market can still see cap rates in the upper 4% range, but a growing portion now trades in the low 5% spectrum.

As you move up the risk spectrum, the projected returns should be higher, but you need to understand there is more volatility in the ability to achieve that return, meaning: a value-add deal with some vacancy, 3rd-4th generation space, more local tenants, should project a higher return than a new construction, national credit tenant base property, because there is more tenant risk, physical condition and obsolescence risk, vacancy and lease up risk, potentially retail corridor risk, etc.  

I found eSignToday to be on the opposite spectrum where the pricing was a flat $0.50 per signature, and you can't add any fields for tenants to complete. 

@Jackson Andrews there was a study done by Spectrum, a location services company, that tracked over 18,000 companies leaving CA between 2009 and 2018 - they took 275,000 jobs and ended up leasing or acquiring 133 million SF elsewhere.