These are the best options for finding sellers willing to transact in today's market at cap rates that make sense to the current interest rate environment, in order to capitalize on the upcoming favorable market conditions over the next few years such as spiking rent growth, falling vacancy, and compressing cap rates.Interest Rate ProjectionsLooking at the Federal Reserves Dot Plot, which is released every quarter and is the federal reserves outlook on where they believe the Fed Funds Rate, which does not control fixed-rate financing but does influence it, as well as directly affects floating rate financing, is predicted to be 3% - 3.25% by Year End 2027 (Source), currently sitting at 4.25% - 4.5% today.

Yes, exactly. 

You’re right to be cautious—local market conditions can be tricky.

That usually creates a big supply of rentals on the market that it 's hard to be absorbed and create a race to the bottom in prices, as all the properties are pretty similar and in brand new condition. 

Owners mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator – so, they often select the first PMC they call or that calls them back!

It's a range and depends on the property type, location, end condition and rental strategy. 

If not in the exact spot you want to be, but at least the outskirts.

Skip traceDo not use propstream or propwire or propshark or the like, there data is at least 2 weeks behind county records for a least preforeclosures, you can only access a third of the preforeclosures available from county records, and, they dump all there new(which is really 2weeks old) updated leads at the same time meaning you get the same old leads as everyone else at exactly the same time.

Any listed property that claims it would cashflow is likely in rough condition in a tough area.

What exactly does the realtor do in this situation?