Confirmation bias, emotional decision making, fear of being priced out of the market, moral hazard...Honestly, as you'll hear from experienced investors, the best deals in this environment are off market.

Hey @Alshan San, I would run the numbers and see if it cash flows with full ask, then if it does, any decrease in selling price will most likely boost your cash flow even more. 

Hey @Robert Morales!

New to all this and I have a general understanding to the concepts which is the first step.My biggest hurdle at the moment is generating enough capital to get the ball rolling.Any suggestions on how to boost capital in a reasonably short amount of time (over the course of a year) besides just saving money from work?

I think it would make a great option for further down the road, after you have cash-flowing properties that can boost your income! 

And by the way, that's your Cash on Cash Return.The ROI of the investment is equal to the Cashflow + Profit when you sell.There are only ways 2% CCR makes sense:You can increase the rent and therefore increase the cashflow; and/orIf you're sure that the property will appreciate quickly, example: you learned before the public knows that there's an approved manufacturing development nearby that will boost the property values.

They’re removing the road and making it all walking so expect there to be a boost in prices there.There’s a lot we could talk about and if you’re up for it let’s grab a coffee or hit a brewery in downtown.

The moral of your friend's story is that even if you over pay, buying and holding, at some point in the future, makes sense.

And if you are willing to put in the elbow grease its possible to find a dump property and really boost the value to make the numbers work.  

To be boost energy, morale and motivation, in this super tough market, Would any BPers investing in the OKC market like to share your RECENT (with a year) success investment deals?