You're running a business, not a popularity contest.

Wholesaling is a popular way to gain capital & learn about investing in your market, but there are many other ways as well.

For my own purposes I'd probably lean closer to discounting by 15% but an appraiser might take off less.Guesstimating these adjustments is where the "art" comes from, though appraisers do it so often and have much more data & experience making those adjustments that it's a little more science for them I think.And remember that an appraiser will give the income approach more weight in a multi-unit situation like this, so you should too.

I heard he was very popular in the islandsEverybody should hear his" over the rainbow"

At this point how much weight will the initial appraisal have?

An Investor would come to me, and want me to find them deals and just hand it to them on a silver platter, sorry, it doesnt work that way, contrary to popular belief most MLS Deals are not deals at all.

John Reid Cozy is a popular option.

House flipping is a popular topic that's easy to write about and pulls in readers, even readers who have no serious interest in the business.

Tera,CAP = NET OPERATING INCOME (NOI)/ASSET PRICENOI = Gross Income - Expenses (NOT INCLUDING Debt Service, Depreciation etc)Your compare the CAP rate to your business plan or WACC (Weighted Average Cost of Capital).

In a competitive market, relationships with good brokers are worth their weight in gold, since they come across the best deals first.