In some cases, the reverse will be true and high activity levels may lead to an increase in the published rent rate.

When you are a newer investor and you see a deal on the MLS that has been sitting for a while and looks too good to be true, it always is.

For a while that was true. 

Definitely agree with everyone above,The tendency is to want to move quicker because it's true no one likes to build wealth or get rich slowly.

So true!

Forget the hate that'll come this way for that comment-- it's true. 

Is this true?

So true. 

Completely true, couldn’t agree more.

They argue that their renovation is top notch, so the price is justified, which may or may not be true, but but generally the high quality of the renovation does not pay sufficient dividends in the form of increased rent, so the price to rent ratio just isn't there.They typically advertise a 9% to 13% cash on cash return, but be careful, this is their "first year projection" and in their first year they do some things that I find a it deceptive, such as not accounting for vacancy because they place a tenant prior to closing, and they budget essentially nothing for repairs or cap ex since it is renovated and they offer a warranty.