The cap rates bought down by BREIT may now be sold up(meaning- sales pressure may result in lower prices/higher cap rates.)Has BREIT, once known as the gorilla in the room, turned into the canary in the coal mine?  

However, if you can find a vendor that is known locally, has a lot of experience, and actively runs the business themselves, that's when you're going to get a great bang for your buck and know you're being taken care of.

The rate at which such income is taxed is the cap gains rates.Solo 401k simplifies this, as it's exempt from UDFI on real estate acquisition indebtedness.

We are able to get a higher cap rate in Detroit compared to California while simultaneously spreading risk over multiple properties.

Thank you @Andrew Bang, I thought about amending the Operating Agreement of the LLC, sharing 51/49 and withdrawing or reversing it if I have to do a refi in the future.

Most investors lose in the bidding war; just stick to a minimum ROI you want, don't forget to factor in repairs and long term cap improvements/repairs and go from there. 

Accounting for 10% vacancy, prop management (10% of income), insurance (.5%/year), prop tax (1.34%), maintenance (1%), water, garbage, sewer ($250 per month)  in our analysis originally we have monthly CF per door of $125 with cap rate 7.58% and Cash ROI 11.76%.

We invest in MF in New Brunswick... landlord friendly (no rent caps), low vacancy, and low price  per door. 

The net cap that he thought he was going to get is also much less.

I do stick to my criteria for where I want a deal to be as far as cap rates or whatever rule you might use.I do have some reservations for taking on some bigger projects because of the mental capital (and actual capital) involved so I may pump the breaks on that this year but again there's a potential hang up.