Unfortunately the lot we may buy is from family members and therefore time sensitive and price is fixed.

If there's a hole, it may be a red flag.b) sensitivity analysis: I examine all the assumptions, and make sure I can live with the worst case scenarios.c) "Stall and see": if they are getting money over multiple years, and there is no penalty for investing later, I would usually wait so I get some real performance data, versus having to look at theoretical pro forma information.d) Recession stress test: I will not invest in anything, until I subject it to recession level stress and see if I can live with the result.

For example, I know some landlords are more price sensitive, while others care a lot about quality and customer service or even Google reviews.

I am interested in a spreadsheet that can do sensitivity analysis based on changing cap rates and rents.

Hey Y'all, curious what other investors are thinking about where prices are going to be by the end of 2024.It's pretty unbelievable how sensitive buyers are to interest rates right now!

The challenge I see with this group, generally but clearly unique to each person, is they are more price sensitive to rent hikes.  

@Nathan Siva if it's not too sensitive, will you mind sharing what the accountant did?

Since they've lowered interest rates to zero, rates have fluctuated a full 2% while the Fed fund rate hasn't moved.I imagine that jumbo rates will be more sensitive.

I am really sensitive to the economic environment up here and being careful not to over build.

This means that before a potential buyer is allowed to enter negotiations, and certainly before sensitive financial information is released, the seller and or his agent will want to be convinced that the buyer has the ability and willingness to complete a purchase.