@Ryan Moyer what I was referring to regarding better returns in other areas would be such as buy and hold rentals in your local area vs VR remotely.

Some of these flat fee websites are "middle men" that aren't licensed but refer to a local licensee. 

THIS cap rate is the cap rate that should be used when it comes to valuing a property NOT the "property" cap rate that the article seems to suggest.This "market" cap rate SHOULD be the one that is referred to in the formulas above, so I can rewrite them as follows:NOI / market Cap Rate = Property ValueProperty Value x market Cap Rate = NOINOI / Property Value = market Cap RateNote: again in the above formulas, "market" cap rate is determined by the market, it's NOT calculated as the article implicitly suggests.

There are multiple ways you can go about it, and you should reference multiple sources to verify what you find either way.

But given that this is Bigger Pockets, I pretty much expect all references to have that at minimum.

I only ask because I have never heard it referred to as such and would equate financing a boat (I’m a boat guy, but never financed one) like financing a car, not necessarily a house.

Yes I was referring to the 704 area where these are very popular 

Plus the female roommate referred to using my bank account in the near future to wire her mother money in Asia, which is basically the beginning of every internet scam.I had an argument with the couple at the beginning of January 2020 and I began looking for a new place to live.

I am referring to the preferred return only here.

For reference, I plan to purchase a duplex and live in one of the units.