In a market like this, there will be many shiny objects that will either be a pipe dream missing some key details or they will be real and will have already been executed.

27 years old is not old- we have apartments in Atlanta, Georgia - the home of Summer Olympic 96 - some are 75 to 80 years old and stay fully rented all the times - Investors have different nich - some investors buy old run down apartments for $10,000 to $20,000 per unit and renovate nicely and convert to Condominiums or rent at higher rate and then resell at $50,000 per unit - You need to understand and plan your goals and objectives - in buying certain minimum units and minimum return before taxes- I ama Commercail Mortgage Broekr -I cna help find financing - if you have enough down payment - will help free analysis

You should have some concrete verifiable objective data helping you form your opinion, that you can share with the appraiser.

(study the art of word pictures - many years ago I worked for the Dale Carnegie organization - they talked about the value of word pictures - how to put your prospect in that picture - showing him using and enjoying and benefiting from your proposal) Try it.I like to show sellers that even if they are not getting the up-front cash they expected, the owner financed mortgage and payments they are receiving don’t have to be passive – once the seller has trust in your owner financing proposal - reaching your goals is possible - (ALWAYS PUT IT IN WRITING -don’t expect a verbal yes – melt everything down to writing and knowledge of answering seller’s objections – this is a crucial moment in your negotiations. – Take your time.

when they move on to the next shinny guruish object.   

No sale - great - find a decision make at the bank, talk to the trustee, find the owner (because if it is a foreclosure - the bank does not own it yet - they have to go through a ratification period, this could take months - time for you to negotiate with the seller, object to the foreclosure on technical mistakes and to negotiate with the lender for an assignment of the mortgage.)This is a wonderful business, have fun, be kind to others - don't be greedy - there is lots of profits to be had for the prepared investor.Charles

If you need cashflow as your primary objective, then I would say buy multiple properties, or preferably a medium sized multi-family.

Thought about that but something bugged me so I contacted a non-involved, objective bystander website hosting company and spoke directly w/their techs.

I've worked with an agent and they have some strange laws around sharing objective information on "nice" or "less nice" areas. 

On the other hand, all that looks good could be just a shiny object with no value to it at all.With that said I know now that I must focus on the sales.