My 2 cents (4 cents with inflation):  learn your area like the back of your hand. 

What I personally feel is most likely is the appreciation slows to about the rate of inflation in most historical appreciation markets for a few years before experiencing another run up.

Question: is the NOI accurate or inflated?

In 10 years Kim will be happy she did this when she has a property worth more than double and that brings in positive cashflow with decent tenants -- Appreciation, rent increases, inflation, and "passive" income

Want less negative or positive go the States where the appreciation is no more than inflation.

If tenant does not make it and you paid based on inflated rent then you can have erosion of equity upon releasing closer to market rates for second generation tenants.Median income is about 56,000 nationally so I tend to look for more affluent areas with higher density and incomes.There are many,many things to look for.

Then, assuming the home value appreciates with inflation (3%) the total return with be 7% CoC ROI + 3% appreciation = 10%.

Investors should have a good understanding of the repair costs associated with a property before pursuing a wholesale deal.Red flags that can turn a good deal into a bad deal may include:Overpriced properties: Wholesale deals that are purchased at an inflated price may be difficult to assign to another buyer for a profit.Properties with significant structural issues: Properties with significant structural issues can be difficult to sell, and repairs can be expensive.Properties with liens or other legal issues: Properties with liens or other legal issues can be difficult to sell, and resolving these issues can be time-consuming and costly.It's important to thoroughly research and analyze potential wholesale deals before pursuing them to minimize the risk of a bad deal.

Cut out any middle men that can inflate the price.

The way I see it given our economic situation (high inflation) and student loan payment pause till August... as long as your investments are beating inflation you're winning.