Comps do play a major factor in dictating the valuation of the property but like he mentioned, comparable cap rates is what is a large factor which boils down to the rents you obtain.

How does that play out?

You can play hard ball and try to get more.

When he's put up adds on FB for roommates, he demands absolutely no drugs, partying, or drama since it is his son's home. 

I have so much demand and they're all coming for the community aspect, which is missing so much in today's times.

anyway I love that show as well.. but usually its investors being too trusting and not getting any verification other than internal reports from the sponsor.. the bank accounts don't lie and unfortunately when you go into many of these deals like Crowd funded deals you have no Access to the bank account.. so really its what ever reports they send back.. its only when you check the  actual bank accounts does reality come to play.

I'm looking to start investing in a deliberate, conservative way and look to build passive cash flow, rather than large chunks of money at a time while keeping my debts lower if possible.Question for the community:I've seen lots of different plays: Wholesaling, Fix & Flip, Buy & Hold, BRRRR, etc.

Understand the comps in your area and learn what is driving demand. 

(NOTE: I own and operate a small general contracting and restoration company which is very demanding on my time).

I'd be curious how that plays out, if he wants to do a 1031 he's likely aware of how to defer taxes and is probably not going to want to pay them....