@Karolina Powell - When touring multifamily properties I would suggest you be conscious of the following: - As Alecia indicated... make sure you understand how utilities are set up (individually metered, etc..)- View the general condition of each unit.

Are there strong indicators for occupancy and rental rates?

It is not indicative of what the majority of investors, in this market or elsewhere, may experience. 

They are smart and sharp folks, indicating that those annuities are worth a look.

This complicates the valuation regardless if via comps as you indicated or via noi and cap rates.  

Effective rents mirrored asking rents at $234 per unit, indicating limited use of concessions.

Cap Rates are also a market indicator of perceived risk in the investment.

A tenant complaining online might indicate that the property manager handled them appropriately, so be sure to ask the manager for their side of the story.7.

The greatest indicator of ability to become successful at anything is the willingness and ability to suffer through the journey.

He’d then make offers on property for sale that advertised or indicated seller financing available - using one or more of these lots as a down payment (exchange) - at full assessed value.