I'm 1 hour away and I carry loaded and chambered when headed into your hood.  

That depends on the Asset Class, Location, Overall Business Plan and Asset Planning...so as you can see, it's a loaded question.SFR properties should not be acquired based solely on a CAP Rate.

Verify the seller as a turnkey provider by asking for references from other investors and examples before putting too much weight on what they say.Also you should be telling them if it's a deal and not the other way around ;) Cheers

Understand you being new, 1. acting as an agent without a license can get you nailed regardless what the hypeheads say about an imaginary equitable interest load of stuff and 2.

I haven't looked at the neighborhood but from what you were telling me earlier I'd give the income approach at least 80% of the weight and sales comp 10-15%, with replacement costs rounding in around 5%.In the end though If I recall correctly you're looking to refi anyway so a lender is going to use their own methodology.

Here is the link to look at the ones I loaded.

You'll find that this website is worth it's weight in gold as long as you stay active and asks lots of questions.

If not, you're not going to find it easy because an appraisal that you pay for will not carry the weight...

It's worth it's weight in gold as long as you stay active and ask questions.

I couldn't find a decent reasonable manager who's contract wasn't a load of crock so I said forget this and did it on my own!