@Carrie Albertson In these instances, you should go with your gut feeling and especially if you are going to be living on the other side of the property. 

For instance, retail (50-100K) type investors are being offered value-add deals (by experienced syndicators) around the 15-18% IRR, at this stage of the cycle.

For instance, let's assume you're making 100K per year but because you are young, you are willing to utilize your "free" time in order to learn a business/work. 

For instance, I would pay off credit card debt, avg. interest rates are above 15%, first starting with the highest interest rate credit card.

For instance, purchase prices in Bayview 53207 Trulia Green will be much different than Trulia Green areas of 53212 or 53218.

For instance, maybe you can find an off market apartment community for them to purchase in exchange for bringing you in on the GP (general partnership) side.

Even if you got for instance a little lower initial rent to start but had one or two national tenants brands to sign long term 10 year or more leases for the space then it can be much more valuable for cap rate on resale.Your small purchase price the resale might still be okay as you might have a cash buyer but still better to have long term security on leases when selling later on. 

For instance, there are quite a few listings (with prices) on sources such as LoopNet or the broker's own website which are publicly accessible.

For instance, in FL there is no cap on value.

For instance, I want to do some deals this year, and I have capital.