Truthfully, I don't think a Capitalization Rate of 8% is terrible plus you'll have an appreciating asset along with the tax benefits.  

Consulting a tax professional is key to ensuring compliance and maximizing benefits.

Maybe even failure to take full advantage of an opportunity, resulting in a loss of potential profit or benefit.

However, if you have 2-4 unit rental properties, you may not gain much benefit from listing on these sites, as they primarily focus on commercial properties.

If that's not the monthly income, you are arriving at your cap rate by using incorrect expense ratios/expense figures and/or the property benefits from an extremely favorable tax abatement which skews the operating costs.

This will change the roi and cost benefit equation quickly.

The benefit of purchasing in high cost location is the higher building value, thus greater depreciation potential.

@John Paul, it's time to graduate from "old school" and start living in the 21st century for your own benefit.

It’s crucial to negotiate terms that benefit both parties, involve a trusted attorney and title company, and conduct thorough inspections and market research to ensure a solid deal.Good luck!

Neutral colors work well, and energy-efficient upgrades not only attract buyers but can also qualify for tax benefits.