There was downward compression on pricing with local comps, high interest rates, and a softening buyer pool.

Any shift or slight weakness in travel demand and things can accelerate real fast.There is still lots of dumb money entering the market that won't be if the economy softens. 

In fact, I recently used one of the methods from the book—where Chris Voss talks about "going negative" to soften the blow of an offer and make it more palatable.

That was a huge benefit in this case for many reasons, but the most important one, was the softening market.

Replaced the water softener.

When adding a single ADU, the cost of adding the ADU hands off is typically greater than the value added if in single family zoned areas.Here is a list of why a hands off ADU addition costs s often one of the worse investments.  

Is an average minimum of 12-15% irr reasonable for syndicated deals - 12-15% is reasonable, tougher today with higher rates and softening pricing.

However, we can see that the increase in listing inventory may have caused prices to soften as the summer progressed.

However, if our economy tanks, then prices could soften until rates are dropped a couple points or more.

If possible a water softener would be ideal.