We called the realtor back, told him what we had discovered, and he encouraged us to keep it.On to today.

If you haven’t connected with investors in your area that are making money investing in real estate yet, I would encourage you to do so.

He seems encouraged when I talk with him about it, but I don't have enough experience on that end to be as much help as I'd like to.

I'm not writing this post to encourage you to invest without a thoughtful consideration.

There's nothing to say you can't change your numbers ever once you learn more.I think just saying I'm going to wait until things are "better" won't encourage you to pull the trigger - Ever.

Advice is always welcomed and encouraged here.. all love

Point being, I encourage others be patient and be persistent.

@Matt CamilliereI strongly suggest you not execute on your stated strategy of encouraging folks to take a Coronavirus Related Distribution from a retirement plan in order to invest in your opportunities.A Coronavirus Related Distribution is a means to solve short term financial pain caused by the economic impact of COVID-19, it is not a "retirement plan hack".  

He and his buyers didn't raise issue with inspection, appraisal, or financing despite me repeatedly asking and encouraging communication, yet closing date came and passed while they failed to close.  

I am guessing this is not a distressed asset, but as you move lower in the quality spectrum, your cap rate is less and less meaningful.