There is a lot more pressure from producers that need to fill their ever expanding newscasts to turn as many stories a day as possible.I like to use Uber as an example because it was making a lot of headlines.

Also, get the utilities turned on and tested, because major electrical and plumbing issues could mean the difference between a profitable deal and one that results in a loss.The more experienced investors can eventually do their own inspections or gauge the appropriate costs into the budget, but being new, this might not be a luxury you can afford.Tom

(You can also get plumbing checked with an air test, where they put air under pressure into the lines and see if/howmuch leaking there is.

Less stress, less pressure and a much easier buying process. 

@Carlos Ptriawan What is the best way to gauge tenant quality, outside of trusting a PM's thoughts?

Anyways, I just want to gauge whether or not this is the right market for me.

The biggest thing is don't jump in on a deal because you think you have to, or because a seller is pressuring you to.

Contact a few HVAC people to gauge the cost and make sure that is reflected in your purchase price, Along with what that extra utility cost would be.

Some will definitely fail and I do think that will place downward pressure on the asset class in the next 5 years or so.Many commercial investors in pricey coastal markets have way overpaid for assets that are now falling in value. 

We figure the parents can put pressure on their kids, because if the kids break the lease it will hurt the parent's credit.