I hope AI evolves in the fashion of picking up on the anomalous.

However, smaller properties tend to have asking prices influenced by factors like local demand or future appreciation potential, not just rental income.If you're finding that the numbers from the cap rate approach are consistently coming up lower than the asking price, it may be because the market value is being driven by different factors, especially in a competitive or appreciating area.I’d recommend using comparable sales as your primary tool while keeping the income approach in the back of your mind to avoid overpaying.

The first AI search you should do is for Due Diligence on Syndications.  

The multifamily real estate market is gaining momentum as we close out 2024, driven by easing financial conditions and attractive cap rates, according to Marcus & Millichap's Q3 report.Cap rates have surged to an average of 5.8% between July 2023 and June 2024, marking a 110-basis-point increase from 2022's low and the highest level since 2014.

Purchase price: $180,000 Sale price: $216,000 Contributors: Peter Vekselman Partner Driven and Rodney Lomax purchased the property on Raven Cliff Rd, Graysville, TN, for $180,000 on 9/24/2024.

All to say behaviors are belief driven.

Findigs.com also can run an AI based check.

Most of you probably have and that is what a is called a trigger lead.

Yup BP is cash flow driven ..

No penalty to let project die slow death and collect salary, travel and advertising money from it.This is data, everyone should make their own data driven decision based on it.