@Ben CallahanRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

@Christopher HeidrichRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

@Kyle LipkoRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

They want to sell for as much as possible.Use the broker's pro forma as a thumb to the wind guide for your interest along with the rest of the offering memo (right location, asset class, etc.). 

I would say markets are going to start "correcting" and it will vary between location and product type.

Put 15-20k into the property for renovations and to renovate the 3rd floor attic space and he told me it just appraised for 155k but you really need experts on the ground who can help you locate these deals and help get the best price.

You could tell them to cancel the listing and you will find someone else to list it after a month not 4 months (the market take is subjective too, all dependent on what your house has compared to others, where it is located, the size of it, and so many other factors).

I think this depends on location and how much you are getting it for.  

With 30% vacancy in the area, filling space could be a challenge.They are actually all above market rent, likely because of its prime location and quality of the build.NNN leases are great for minimizing expenses, but how much control do you actually have?

Yes, the onboarding process is extensive.