A couple of my investors are looking to invest in this particular market and just looking to get an idea of the average price per acre for large rural farmland properties.

However, Matthew reminded me of my long-term investment objective and assured me that the property would appreciate, given the strong real estate market in Alabama.

Suggestion: reach out to anyone marketing a unit for rent on the web, sign or newspaper.  

Despite the fact that some markets were faced with 200% YOY increases this/last year, there doesn't seem to be a justification for this UW assumption.

If you want to network or ask specific questions about your local market, go to your local real estate forum and connect with investors from your area: https://www.biggerpockets.com/forums/86-local-real-estate-networking5.

My market has a low vacancy rate.  

Just a lot of variables and am relatively new to the industry. 

Unfortunately for them the market at the time was slow.

Hi Varun,I've been investing and owning in the DFW markets since 2012, and foundation work is a common maintenance item. 

I also closely follow and invest in the stock market.