I am also looking to connect with RE agents in the area to gain a better understanding of what is currently on the market and how these types of properties fit into the Tampa area.I'd like to also acquiring any insight into current supply trends, as well as the demand based on occupancy for these types of properties.

Keep in mind a deal for one person might not be a deal for another based on the strategy they are using to build their portfolio. 

I recently separated from the National Guard after 6 years of service.

He has proven himself to be a hard worker, ethical, and as it happens, he'd really love to expand his knowledge base and grow into bigger responsibilities.

In many cases, the old tenant base doesn't fit with the new plan for the property (ie upkeep, cleanliness, and respecting the rights of others).

I feel like this would be a great additional service for the website seeing as a good property manager, especially one who also invests, can be extremely valuable to your team. 

@Robert RuschakNot an attorney but I asked mine out of curiosity and “it depends”If for example the price was supposed to be $500k and marketing, advertising and discussions were based on this and the contract accidentally listed $400k, you will most likely not get it for that amount - of course it also depends on the state etc.This is a lot different than you offering $5400k, them accepting the offer then the contract was written at $400k and they come back and are like oops.

Hey @Gabrielle Kremerman - I'm an investor and broker based in NYC/Long Island. 

They're based in Mobile and are fantastic to work with.

As the foundation of real estate investment analysis, underwriting allows us to evaluate potential returns and associated risks accurately, ensuring informed and confident investment decisions.Understanding critical metrics like Net Operating Income (NOI), Capitalization Rate (Cap Rate), Debt Service Coverage Ratio (DSCR), Gross Rent Multiplier (GRM), and Cash-on-Cash Return is essential.