Not too surprising, though still disappointing.I don’t know a whole lot about the SA area, but hear of other investors in Austin focusing there.

Personally, I don't pay much attention to the "per door" returns, I focus on CoC, IRR and is the overall return big enough to be worth my while. 

Are you mainly focused in the kitchener area?

Folks are paying up more than they are worth (just my opinion and analysis as I am focused on FQE)

@Amdrew Polinchak I would primarily focus on having a fantastic relationship with you contractor, that is if you're not your own contractor. 

@Michael O.Hi Michael, you'll definitely find more wholesalers focusing on the smaller properties, but wholesaling a larger property (50 units +) is not unheard of. 

There’s no much you can do to increase/decrease the rates, so focus on what you can control which is on finding deals that meet your investing criteria.

I'm transitioning my focus to the Fox Valley area and always open to meeting new investors like myself.

You can always pivot or branch out later, but having a focus on a specific area within REI helped me get started.

For example if they are asking for 10% down and 5% interest, you can offer 0% down with 6.5% or 7% interest if the numbers work.If you don't already know, figure out the reason the owner wants to sell and focus on solving their problems and building a strong relationship.