According to Trulia.com's Miami area real estate heat map, the average sale price can vary by millions depending on precisely where you seek to buy.

Hi @Patrick McKennaCheck out this guy: Russ @ Precision Appraisals.

What sponsors WANT is to develop these relationships at the lowest cost and for their marketing program to identify very precise investor personas.  

If the rate of return clears your expectations (not merely your hurdle), then you have a deal worth pursuing and know precisely what you can pay for the business.All a CAP rate tells you (if it is calculated correctly and consistently) is what everyone else has been paying for cash flow ... not what you should pay.

I'm very technical and precise on designs but can also visualize redesigns and develop a plan to completion that gets quick results.

So, with relatively static assets such as property or notes, any value near the end of the year will get the job done.For investors where the account value drives a taxable process, such as those subject to required minimum distributions or when a Roth conversion is taking place, then a more precise and arguably time-sensitive valuation is required.  

Most will tell you based on their history that the market they chose was the best - precisely because it has been the best for them.My advice is to look for a city that has a future.  

I used Neighborhood because it's the most precise and really let's you drill into a specific area.1. 

I have a property in Northern Virginia, more precisely Woodbridge.

One last question; I thought the mortgaged properties limit was 10, not 5.Per your suggestion, I will have to make contact with a broker who has a better understanding of the precise limitations.