Cap rates compress when there are lots of buyers.Interest rates will have an affect as well. 

Bringing rents closer to market, increasing occupancy and gross rents through a turn around, and at the same time achieving cap rate compression on the asset.

Propane is a petroleum product derived from oil not natural gas so its price moves with the oil prices.In the future there may be compressed natural gas for home heating, but that's not in the immediate future. 

I'm also really curious to see what happens with rates, and how that affects compressed cap rates.  

Now if you are buying at a much higher cap then it doesn't matter as much with the long term debt as you have a bigger spread still.If you are in an asset class where you believe it has the ability to cap rate compress over the next 12 to 24 months then long term debt might not be the answer.

Download link Here: http://dl.dropbox.com/u/59442741/Condensed%20Home%20Depot%20Picture%20Database.zipNOTE: The downloaded file is in a compressed format.

For the shower you can couple the galvanized with a compression fitting.If you like the control, I would pull out the washers and heat it prior to removing the spout pipe.

If you want great cash on cash and NNN most of my clients are going after multi-unit strip centers as the single NNN buildings are compressed with cap rates currently versus I can get 8 to 9 cap with retail strip centers and quality tenants.Hope it helps.      

. :)@Donald Joshua Even down south, cash-flowing deals are seeing some cap rate compression, but we were still about to buy this deal on a pro forma 7.5% cap rate.  

An exception would be when the land is prime for redevelopment, and in that case the cap rates could be even more compressed.