For condos in the Diamond Head area that has been about 8-9% but seems to be trending a little less because general inflation has been so low for quite some time. 

So yes on occasion you can hit a home run and find that diamond in the rough.

If you discover that lot rents are significantly higher than the $200 this park is currently getting, this might be a diamond in the rough.

That's like saying: "I saved $1000 on these diamond earrings that were on sale, and only had to spend $2000 to do it."

The biggest reason someone can not sell a property is because the price is wrong.If you are able to do comps correctly and really know values you will know the dogs from the diamonds.

Your sweat equity and ability to see a diamond in the rough is rewarded monetarily, and the new owner gets an updated, move-in ready home.

Particularly, @Justin Silverio just had an unofficial free BP meetup in Woburn, @Mike Hurney runs a group on the north shore, and I have the Black Diamond free meetings in my signature below.

@Alan Diamond , you'll find people on both sides of that discussion-- SF vs multi.Multi spreads your risk a bit because 1 vacancy doesn't equate to 100% vacancy and many people find better theoretical cashflow.On the other hand, SF means you have less tenants to manage, can usually require them to pay all utilities as well as lawn and snow care and tenants seem to stay longer.  

The last thing I need is that $25000 irreplaceable family heirloom diamond to pop up missing.  

I really liked never split the difference by Voss and getting more by Stuart Diamond.