Kept searching all over upper coastal areas of FL, only reason honing down to CC because of the amount of development happening and by the number new properties coming in the market compared to other places whereas most properties in other towns mostly old.

I have contacted 3 banks that have refused to lend on a property because there are no comparable properties in the area and if the appraiser can't appraise it correctly, they can't lend.  

You may want to look up some comp properties in ATL that are similar, see what their cap rates are, see how yours compares and then set the price and do your marketing.

I would be happy to show you some examples of single family (not duplex's) that could give you comparable cash flow and have much better appreciation as it seems you are after.

For them it makes perfect sense to just pay that mortgage off and live debt free.Also if someones living in Toronto and owns a home they love the city, there is really nowhere comparable to move to that is cheap and offers a similar lifestyle.Friend of mine pay 2950/m for a 2 bedroom condo, because of location and lifestyle.

Think we need to look at auctions or multifamily properties.I actually work in the gables if you would ever like to get lunch and compare ideas on south florida real estate.thanks.

I'm a big fan of putting all my options down on a spreadsheet and comparing the numbers, both current and projected.  

The answer has several dimensions:- if you don't take seller's financing how much lower can the price go- Do you have 100k of cash to invest (10% down +80k) and what is the cost of sellers financing- What is the cost of HML loan and how much down you would have to put for both purchase and constructiondo the math, compare both options and you know the answer..Good luck.

Generally speaking, women are more on safe side, compared to men who are more risk takers.

You should ensure that they are not only operational, but in today's energy efficient world know how antiquated they are compared to other newer'ish buildings, and what the cost is to upgrade or replace these systems.