California and Phoenix are super hot seller's markets right now... there's simply too much competition from other buyers looking to live in the home and willing to pay market price.

Real life example: $18,435 debt service (includes mortgage, taxes, ins) and $32,355 net operating income would leave a DCR of 1.75 Cap Rate is Net Operating Income divided by Purchase PriceCap Rate can be great for looking at larger multifamily buildings with sophisticated buyers/brokers.

I would try to get this lower than $217k IF and ONLY IF you have the backside systems in place to close the deal properly and are prepared to purchase the property should you not find a buyer.  

It does tell my buyers/tenants what they want to know, but that info has a different impact on every buyer/tenant looking to buy/rent. 

Doesn't necessarily need to be something monetary but even the possibility of hiring them for your properties could be value.After a couple times of doing these, you'll have a better understanding of the process... but there will still be variables (labor, materials, your exit strategy also carries weight as well, whether you're going to fix-and-flip to a retail buyer or rent it out.)

@Jamie Hall  Ask the following questions to all potential brokers (in addition to commission splits, fees, etc.)  1)  Who will be my mentor, what is his/her experience in total # of MF transactions broken into buyers/sellers, how available is he/she, and what expectations (if any) will he/she have in return for advice (beyond commission split)? 

I found a Buyer for a Multi Unit that another Buyers Agent is trying to sell.T he property is listed with an Investment Group.

I have an issue now because my buyer is (even though they qualify for a traditional loan) is not able to obtain a loan for this property. 

Right now in DFW cap rates range between 4.5% for brand new properties and 6.5-7% for C class that needs some work.2. 1% of the sale price is usual but many buyers offer more and make it nonrefundable from day one.3.

(i.e. taxes, insurance, maintenance, capex)If you have a lease option with 5-year window, can the owner sell that property to another buyer during that time?