So what you're saying is kind of the opposite of what Erik is saying, which is you CAN in fact use CAP rate as a high level indicator for a deal even if it's a small(ish) multifamily like a 12 unit?

Since consumer spending accounts for two-thirds of all economic activity in the US, the retail sales data is a key indicator of growth.

When you fill out the new Housing Authority docs, you may have to indicate who's paying for what and with this change, at the lease renewal, the rent may go down. 

When that asset manager told you that you were going to get a K-1 that does not indicated a tenant in common ownership. 

In addition, Fed officials gave no indication that they intend to attempt to halt the recent rise in yields.

Each of these indicate a different type of problem in your marketing...

If the rehab is real light, as an investor I don't see any problem of indicating what to expect because of your experience in that field, but if it's going to require a lot of extensive work, I would just phone the contractor or professional of that given field who will do the work.

I am not intending to indicate that an RE investor cannot succeed in Columbus (I believe they can). 

Per inspection report one of the items: "sagging present throughout interior ceiling, cracking around most window and door frames, floors very uneven / unlevel indicative a structural movement further evaluation recommended."

I get the sense the sellers would take a low ball offer if I agreed to take on the tenant (indications are that he pays but who knows), looking for any expert feedback anyone may have on this situation.