My advice would be to find a mentor (the right investor-focused agent can be great at this), continue analyzing deals, run them by your mentor, and then make offers when a deal meets your buy criteria.

.: Quote from @Jefferey Eutsay: I'm considering making an offer on a 36-unit multi-family property.

I always check active rentals to see what the competition is currently looking like for if a rental were to go live that month too.

However the owner comes from corporate world and they started out doing deep dives into markets and moving Hedgefund type portfolios between large investors.. they then decided to offer there service to smaller turnkey type and one offs..

The Pacific Northwest is competitive, so leveraging those connections can be a game-changer.Second, when analyzing deals, ensure you’re building a framework to assess not just the property’s performance today but its future potential.

A single property is simpler to manage, carries lower financial risk, and offers streamlined tax reporting but may generate taxable income sooner.

The advanced analytics and insights AI can provide are invaluable, offering us data-driven guidance and uncovering trends that might otherwise go unnoticed.

That's also what the lender told me, it would take too long and thus make me as a buyer less competitive once we're in UW. 

It's super competitive still.

In my area cap rates are getting better because there is less competition, lower prices and rents are still the same/rising.