@Rud SevCap rates in NNN deals are influenced by factors like tenant quality, lease terms, location, and lease structure.

All said, drop the rate to market or slightly below (if you're in a tougher market) to attract a quality tenant, then pursue the refinance or sale as some have suggested already.

We value quality time with our family, are eager to explore the world through travel, and aspire to build a successful life and business together.

(Ask me how I know this.)You'll be priced out of virtually any quality market as you'll need to put anywhere from 25-40% down if you'd like to cash flow in a deal you don't have to significantly rehab (or found off-market) with interest rates where they're at (and don't expect them to go down to 4% anytime this decade either--a 3-4% interest rate is historically low and investors in the 2010s were lucky and spoiled). 

Yes, you will likely pay close to or at retail value if you are buying a quality property that has been properly renovated. 

Like many businesses, the flipping niche has 3 categories that differentiate one flipper from another: quality, faster, cheaper.

Great quality for the same price as HD and Lowes particle board cabinets.

Quality?

It really depends on location, quality of home features, amount of privacy for renters/members, and competition.

We pay a few hundred dollars for a professional quality pitchbook with the financials and that has been money well spent.