Thanks for all the great info.Just to summarize:1.  

I see a lot of posts on here asking where to look for deals and thought maybe it would be helpful to summarize what I know and what I'm seeing today.

I'd be tempted to just photocopy it or else summarize it (it's actually pretty concise) and present with the offer(s). 

So based on the calculation you would pay 3M because it's a good deal since the market value is $3,197,250.To summarize the different scenarios we have discussed so far:- if the property is listed at 2M, you would pay 2M because you calculate the market value to be $2,144,000 therefore it's a good deal- if the property is listed at 2.5M, you would pay 2.5M because you calculate the market value to be $2,670,625 therefore it's a good deal- if the property is listed at 3M, you would pay 3M because you calculate the market value to be $3,197,250 therefore it's a good dealWhen is it ever a bad deal?

Email is preferable, and if you have to have a phone call or face to face conversation then immediately follow it up with an email summarizing the conversation and asking the other party to add anything you missed.

Here's  a post to help you understand the cycles:https://www.biggerpockets.com/member-blogs/10850/81214-what-goes-up-must-come-down-or-market-cycles-fluctuationTo summarize, when evaluating any investment, you have to look at all three things in combination: a sponsor, a market, and an offering to see whether it makes sense long term.

Lately I started to learn Real Estate, I’ve summarized “The ultimate beginners guide to real estate Investing” and I’m continuing to summarize interesting articles.

To summarize my situation briefly:-I have a full-time job in the professional sector in Kansas City, but am interested in REI both because it interests me more than my 9-5 job, and because I see it as a way to generate income without being dependent on a company.

So to summarize: keep studying, save money and get to know a LOT of people in the REI world.

To summarize, I guess I’m looking for help on the following questions: Should I be looking for a cash flowing investment at this point?