Yet because my house is in a close radius to the beach (only 2.5 miles as the crow flies--the 7 miles is what it takes to a drive out, around, then over the bridge), it seems like PriceLabs is using on-the-beach or walk-to-the-beach properties as comparables, and this may be leading to dynamic prices that are too high.I am not sure exactly how to fix this.

I can walk you through it!

Do I just walk away?

Sometimes you can't help them and make a profit so you politely walk away. 

@Barrington Smith I'd be happy to walk through this deal in more detail via phone of webinar if it would be helpful, but at the surface I have the following thoughts:- I'm unsure what T5-0 entails, I'm assuming its some kind of mixed use. 

For me, it depends how much I want the seller to accept my offer and how willing I would be to walk away from that amount of money.If I'm playing hard ball on a property I'm not crazy about I might offer $1,000.

You will meet people from different walks of life that will give you different perspectives on real estate investing.

I think it might make more sense for me to continue to rent my current apartment due to the conveniences and being able to walk to work versus moving into one of the units in the multiplex as I had originally planned.

If all they need to do is walk in, fill out a form and walk out 10 minutes later with a permit in hand, then I wouldn't pay much more than the cost of the actual permit; if it's a process where they need to spend several hours waiting at the permit department, negotiating with inspectors, etc., then that's more time investment that you should be helping cover.

Ya it makes sense... you either buy gas or walk.. you either raise the rents or become a charity.. or are you a non-profit charity already ??