Aside from that, the seller pays nothing else.

Most of the buyers are just regular folks looking for a home, so they are not at all thinking about cap rates. 

Quote from @Leeling Chew: It doesn't matter who pays the bills.

That said most folks have price targets and if large complexes are conceding 1 or 2 months on the 1st year lease, itll put downward pressure on your rent to some degree. 

It would appear good ole Dutch has been using new investor funds to pay liquidations i.e. robbing Peter to pay Paul.

Hi folks - I am in the market for a Property Manager in the Rochester area for a 12 unit property.

My focus is on providing either turnkey-style space for those interested in temporary, infrequent use or long-term leasing for business folks who require conference room space (or perhaps event space).  

No need to pay big bucks for this. 

This community will offer you so much value - don't be afraid to drop your questions here or reach out to any of the folks above directly.

I second all that has been said above - all of those folks referenced have been really helpful to me and have added lots of value to so many BP community members, especially in our local marketplace.