Too many sellers are asking for prices based on the park being at market rent for 100% occupancy.

Setting a reserve price and then having an open house the day of the auction to accept bids and hopefully find a direct buyer. 

@Levi Perl do the research, you can set up an auto alert for apartments for rent in your area to keep current and see actual units at that price.

This steady performance underscores the lasting appeal of Palm Beach as a prime destination.The median sale price has climbed to $644,500, reflecting a strong 7.42% increase from July 2023.

@kimberly S. mentioned negotiating the price, because it's like buying a car.  

Purchase price: $257,150 Cash invested: $12,000 House hacking Duplex purchased using Conventional 5% down loan.

I’m looking forward to connecting with the community, setting clear goals, and embracing both the challenges and the successes along the way.

Purchase price: $425,000 Cash invested: $130,000 Contributors: Min Zhang Min was awesome for a remote investor How did you find this deal and how did you negotiate it?

I did negotiate a lower price though. 

Owners mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator – so, they often select the first PMC they call or that calls them back!