In a nut shell, how do you expect to find a great deal on a stabilzied property producing great cash flow?

I saw a lot of people who were looking at taking losses or just breaking even on their slow flips get saved by that rapid come up in prices that boosted your profits. 2.5 years process though, that would drive me nuts.

I must say that the mastermind group has been very fruitful.

I did sign up for his marketing program which was not fruitful and a "burn out" class which did have some useful info.

Better returns, educational and broadens your skill set.The traditional turnkey option if you are not interested in the nuts and bolts of the business.

And, some assessors use past sales amounts and adjust for inflation, so if the property has not been held very long by the current owner, the current assessment might be close to the market value again.It's better to think of the two like apples and oranges, because usually that's how close they are...both fruits from a tree but with much different tastes.The question asked by the Realtor above in OP, may be born out of the lack of knowledge of that Realtor.

Yes I know I could buy all cash then refinance to pull my cash out after close but see points 1 & 2.My final reason is that I can focus on the nuts and bolts of running my business, finding solid properties and managing my tenants, rather than out begging banks to give me a loan.

Crazy place here filled with nuts.

Beyond that I would not say or do anything.Your tenant is either a liar or a nut job, most likely a liar, either way you should probably get rid of her.

Technology provides the information that is available to you to help evaluate markets at a 60K foot macro level but it does nothing to help with the nuts and bolts of managing a rehab project from out of state and making sure that you have the right people in place that are going to get the job done and not rip you off.