@Jay Pillalamarri there is only one factor that influences market cap rate:  supply and demand.When demand is high, investors are forced to bid against one another, driving prices up and cap rates down.  

@Jordan Hamilton No cap rate has zero influence on residential properties.

What details influence you in pursuing a deal and what makes you look away?

I just realized I passed Will Barnard for first place in influence points on BP.

@Chris Purcell my future job would influence all plans I would make.

So if the appraiser is ethical the information doesn't influence them one way or the other unless it is supported by the overall market.

If you have the ability to influence high networth investors to join you on a deal that you have thoroughly vetted, you should be able to get a piece of the GP of such a deal.I keep saying this.

Other factors that would influence you: are you performing the repairs? 

I got it from my center of influence.

Congrats on 13,000 influence, but that is not in itself a success story (pretty cool, though).Tell us how BiggerPockets has helped you increase your business, Rich . . .