Nobody can predict the future with certainty, but taking a historical perceptive, how much upside can there be at these interest rates and cap rates?

Example: I listed a studio on Facebook marketplace for $550, and had 100 messages within 24 hours.2bd: I only own 2 of these, and these took a little longer to fill.3bd to 4bd: I own 1 of these that I just purchased, so I don't have a great feel yet, but I can tell you my perception.

The perception of the life company is that 100,000 borrowed by the policy owner is a "lien," against the policy similar to a loan is obtained against a piece of real estate.

And it is here you will be most susceptible to the siren song of "high return" "totally passive". 

Staging helps with perception in the same way.

Perception is everything. you're only in competition with yourself.

Joe Gore Of course, Joe, but the thing is that the “anchor” affects your perception of what the property is worth.There is an interesting case study: RE agents were asked to determine the appropriate list price, the appraisal value, the amount a buyer should pay and the lowest acceptable offer related to a house.

I actually LOVE that people still have this perception of Detroit.

After reading the responses here, I have determined that many have different perceptions and experiences when dealing in REo deals.Some think banks rarely deal direct with a seller, especialy if you are buying one at a time.

Notably, a broader market view causes these capital allocators to react to relative perceptions of risk across property types.