We will continue to observe the performance of this property and eventually will build a second house next to it.

There are absolutely areas where you can beat a 10% cap rate - I see it all the time - you just need to know where to look and what types of properties perform best.Some areas I would check out include Bailey, Arvada, Westminster, unincorporated Adams County, and many more I could point you to beyond that.

The whole scheme was buy a foreclosure, "sell" it back to someone that can't qualify for traditional financing with seller financing at a higher rate, once note is "performing" you can sell the note and make a lot of money. 

I can probably point to a 2-4 unit that performed better than a single family, and I can point to a my own single families that performed better than my duplex.  

We've got a few homes near campus we use as student rentals and they certainly perform well.

Perform the same task in each app to ensure a fair comparison.Load a property with pictures and details.Market that property.See what your marketing looks like from the public's perspective.Submit a fake application to see how easy the process is.Run a credit/screening report on yourself.Enter a maintenance request, assign a vendor, and attach a fake invoice.Enter charges to the tenant's ledger.Enter recurring charges and automatic late fees.Sign documents electronically.Run owner reports.After testing a few apps, one should clearly stand out.

Based on the user research we've seen most use cash flow as a proxy for performance.

Updated performance  -  

Additionally, investing in real estate education and seeking mentorship can enhance your understanding of various strategies and market dynamics.Creative Financing:Exploring creative financing options, such as seller financing, lease options, or partnerships, is another avenue to consider.

Finding the right price does not associate with market stability or future performance assumptions.