Quote from @Zach Edelman: Are you planning to occupy the property as a 2nd home or as a true vacation home?

The problem is this time of the year does not have much turn and the units available are not representative of your true competition. 

I also question whether this $700K six unit is a true 10.5-11% cap.

That is where the magic happens and where true connections that can enhance your journey are made.

This will provide a better reflection of the property’s true market value based on its current use.DM me if you need more insight

Everyone knows it's not true. 

Lenders unfortunately don't want to foreclose on a home with 6,7,8 homes on a property that's a true single family home.

Very true.

It's not unusual to find true 10% cap rates in Bing.

Also, many agents relist their properties there and the same property may have more than one agent and different prices.Full disclosure: I never bought a property from a site or from an agent and I am pretty new at this (with very little real world experience).Regards, RuiSo true Rui!