Market Niche - define your market...

The Medical Center (however you define that for yourself)  I define it as west of I-10, north of 410, east of Bandera and south of Prue. 

@Trevon PeraccaLTV on a purchase is defined as the lesser of contract purchase price or appraised value.

Clearly define goals that will get you from where you are to where you want to end.

If this is actually the beginning to a downward trend in VF, then we can make the relationship that Tech Sector jobs will likely slow, therefore slowing RE demand in high-tech cities - gotta tangibly define those elusive and pesky corollaries though!

The agent wants to charge 7% management fee of all Receipts monthly, All Receipts are defined as follows: all rental income; all parking income, all vending and laundry coin income, all late fees and lease settlements, etc He also wants to charge 85% of one months rent for finding  new tenants? 

After realizing the full investment term or perhaps there is no lockup which it should be defined in some other way then.  

If you don't have your process clearly defined, the data quality will suffer.

I've never heard arms-length defined that way.

I know I need to narrow down the number of states to pursue  and am trying to set up a matrix that defines all the various factors that must be considered in each.... maybe I'll finish it before I die. :-) In the meantime, in just one evenings perusal I have learned a great deal more from the posts on this website than I have at any of the online auction sites.