I don't think the business rewards particularly honest and forthright people.Of course if you're a property manager and incensed that I could possibly say such things, well, I'm very sorry, I apologize from the depths of my heart, and I'm sure you're the magical unicorn of the bunch standing steadfastly in the surf as the tide comes in.

Did you compare the properties, are all rents that high? 

I am doing both and find flipping much more fun and rewarding.

I find it's best to use a combination of cap rates and residential comparables in my market, I use the residential to justify the building and land values, from there cap rates help determine if the higher price can be justified.

Great risk vs. reward for the 8 of them.

., suffered income reductions but comparatively few became unemployed.

Take note of readings at perimeter compared to readings as you move toward the center of rooms.

Review a small list of comparable properties that have been leased within the past 6 months to determine how much an actual tenant would be willing to pay. 

I love going to different homes, seeing the vast differences in quality and layout, comparing them to the local market, and putting it all together to make a "big picture".My largest challenge so far is developing an effective marketing system. 

It is probably a high C in a comparable neighborhood. the cap rate would need to be over 10 for that right?