It is still a very tight market here with limited supply.  

Keep rent a little bit below market and keep the property maintained and you can get great responsible tenants. 

After scouring the market, I was able to get large builder financing and discount incentives that allowed me to buy the property at below retail price and get good financing terms.

Generally it would be "capitalized", i.e. set up for slow depreciation which does not benefit you in a 1031 scenario.

Waiting for market to rebound Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Sitting on land, Waiting for market to go up Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

As we progress through 2024, commercial real estate shows a mixed landscape influenced by economic factors like inflation and labor market shifts.Office PropertiesThe office sector remains strained, with vacancy rates at a record high of 13.8% in July.

Quick Raleigh Housing Market Update I put together so you can stay in the loop.

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.

Chris has a good reputation on BP, especially in what can be a killer market (Memphis) if you don't know what you are doing or where you are buying.