A developer (friend of a good friend), propositioned me on a new property he's looking to acquire.

So, consider it a ling-haul proposition not a quick get rich thing.  

(unique selling proposition) If you are singing a different tune than everyone else that calls, you will grab some interest. good luck, it is completely a numbers game!

You will soon see the incredible resource you've stumbled upon.One of the leading, investor minded brokerages along the Front Range, we have a unique selling proposition - focus on financial autonomy to help clients build long term wealth with real estate.

If you want to make your proposition appealing to top agents, you could also have a CRM that does it all...

There are numerous first time home buyer programs and down payment assistance programs out there for owner occupied properties with fantastic loan to value propositions and low low low rates. 

Find someone newer as most realtors laugh at this proposition. 

On top of that it's heavily fragmented and being threatened on several fronts by disrupters and other external forces.Glenn Sanford's goal was to redesign the model in the cloud-based era to minimize overhead costs (brick & mortar, redundant staffing, etc) while improving services & compensation  to provide a value proposition for agents that is so strong it would be "irresponsible" (his words) to hang your license anywhere else. 

Just like syndicators and turn-key investors are both in real estate but really are very different propositions.  

The few assets that I've seen any kind of distress at all have been c-class assets in tertiary markets, and even then it hasn't been that bad.I know that San Francisco and NYC have been hit, but they seem to be the exception, as they were already hyper inflated, and they lost some of their value proposition during the pandemic.Hope that helps