There’s no universal standard since it relies on two main variables–your investing objectives and current market conditions.Some key factors influencing a good cap rate include:/ Property location/ Building condition/ Asset type (class A, B, C)/ Overall real estate market dynamicsTaking these into account helps set realistic cap rate expectations, but historically, rates between 4-10% are often seen as solid.Of course, a “good” cap rate for you might fall outside that range based on your investing goals and the specific property/market, so don’t get hung up on chasing a specific cap rate number.What is a good cap rate for your market?

However, concerns about inflation and the broader national economic policies continue to influence consumer behavior, with a trend towards more prudent spending and saving habits observed.The economic outlook for Raleigh in 2024 remains positive, with growth expected to continue at a healthy pace.

Look for year round relationships and ideally a firm that integrates asset protection into their services and/or acts as a center of influence among other professionals who are necessary to get you to a tax free life!

The whole point of industry associations is to gain influence over writing the rulebook so you want to put your money where it will be beset used.

Talk to everyone in your sphere of influence.  

Most importantly, don't let emotions get involved since this will influence you to skew your numbers.  

As for the question of turn key versus doing it yourself, that will probably be heavily influenced by market. 

So that means while everyone else is popping a top and sitting down to watch football on the sixth day, you need to be working your area and knocking on doors because everyone’s at home- including sellers.That makes the commanded sixth work day the best day to work your neighborhoods, meet with sellers and be looking for deals.What you do on that sixth day will greatly influence your success.Point three: take a day off every week.

@Brett Snodgrass If you like it, vote it up;)but more importantly, you being a local, what influence will this have?  

Also, If I learn more about real estate, then I would have some influence in that area; I would have the option to help people in this area...