Hi all, I am familiarizing myself with at the Lincoln market and wondering whether any local investors can shed some perspective on overall property values relative to rents in the area.

So, with $100,000, you could afford properties totaling $400,000 to $500,000 in value.Number of Properties: You could go for one property around $400,000 or split your funds across two or three properties in the $150,000 to $200,000 range.

My advisor suggested that at my stage of the game, 8 properties, it likely made more sense to keep the extra money available or in the business to use as emergency funds or to accumulate for another down payment.

I have commercial property that I currently owe $141,000 through a SBA-HEDCO loan at 4.25%.   

It seems you are the only person who understood the question wanting to know what a seller makes (not even sure how or why you think that).As a typical part of the DD process it is not uncommon to ask for property/entity tax returns.

So i need to find one or two properties in that range. 

I think it is time for me to have a property management software of some kind to manage my long-term rental properties going forward.

If they've owned the property for 15yrs, probably a better chance of owner fatigue than someone only having it for 2 yrs.

That may run you close enough to the price of an older single family house, so I opted for that property type. 

The report makes a big deal about the neighborhood and local economy in addition to the property itself.