If you live in a smaller market or in a place that's already gotten beaten up in the commercial sector, this may be correct, but I'm not sure it's the number you'll want to use to calculate value.For example, if you think that you'll hold the property for, say, 5 years, and expect that you'd be able to resell it in 5 years at a 10% cap rate, then the resale value in 5 years will be $572K (assume income and expenses remain unchanged).If that's the case, you'll want to buy lower than that, so that you have a built-in profit, even in the case where NOI doesn't increase in that time frame.So, I would recommend that you still with a lower cap rate to evaluate valuation, even if many of the buildings are seemingly going for 11-12% (remember, you don't really know another properties cap rate, and you shouldn't trust what another investor tell you!)...

-Find a sales/consulting job in the real estate sector.

I know that's extremely unlikely and I'm probably just being ridiculous. that's not ridiculous this is exactly what happened from 07 to 2010 in Vegas and Phx and other markets.. tenants left in droves.. rents went to ZERO... in a melt down all sectors get hurt.. and yes people need a place to live however many times they move in with relatives etc. but I am not predicting another 08 redux anytime soon.. 

This is the most difficult sector to be successful as an investor.

Somethings coming, something that will shake the dollar like never before, will hit sectors unlike anything before, and for which Real Estate is a bastion of safety and security.

I have experience working in the private sector (focused on telecom projects as well as residential and commercial development) and in the public sector (working in a City Planning department). 

It does it better than any website search.I will usually go to Google and type in: the city + what I am looking for (jobs by sector for instance) + census.gov or also bls (Bureau of labor and statistics). 

I’d love to hear more about your investing history and what sectors and strategy’s interest you.

How many are accredited investors that have extra cash to toss at a start up ( that will inevitably spend farrrrrr too much money and probably die after spending multi millions of others money - yeah I have seen it many times having worked in the start up sector in SF)The big players made gobs after the crash and have pivoted elsewhere.

Just turned 18 and trying to work it out in the real estate sector.