Hopefully I’ve just answered my own questions but mind you it’s taken me like a couple years to formulate these concepts as I’ve done my best here to explain them lol.

How do you formulate your valuation of this property? 

Formulate an investment strategy is be very disciplined about applying it.  

The local credit union I'm working with to finance the deal has performed a $450 "real estate evaluation" (i.e. off-site, desk appraisal) on the property and arrived at a value of $110k.I questioned my LO about the appraised value and they admitted the scope of the appraisal was to formulate a "liquidation value," not a FMV.

I already have an idea of several ways I want to approach this deal but I would like to hear some of the seasoned investors ideas so I can better formulate my plan to acquire and hold.

I'm reading, compiling the suggestions I'm getting here on BP and generally starting to formulate more of a research plan than a real investment plan yet.

Even though I am a buy and hold investor and not a flipper, this formula is still helpful in formulating my thinking to ensure I focus on my profit throughout the process, but especially at the beginning.

Hello All,I'm interested in some valuable feedback on the multi-family real estate market in Greensboro, NC.My research has been formulated from various sources; however, I would like to hear from a few BP members that are in the trenches and/or currently invested in this market.Key indicators like job and wage growth seem to be holding steady for the last several years and property values seem to be increasing steadily.Can someone give me their view on the current cap rates & vacancy rates in their comp set?

It helps gauge (probably) how fast it will sell in that area.All of these questions help formulate a strategy that will help protect you.

So this is the path I've chosen to follow up to and including being part of my retirement.I believe that networking and gathering real life experience from doing work myself along with following other's guidance (who have been there/done that) will garner me more knowledge and success than paying "gurus" thousand of dollars for bus trips through a city and region I already know well.I am still formulating a 5 year plan (yes, they are passe now a days but I'm old school) and I feel the first steps would be to connect with other REI's, join the local REI Groups and begin growing my network.Any guidance, advice and suggestions from this point forward will be greatly appreciated!