Just to reiterate, if she is constantly lead generating and FOLLOWING UP (just as important as lead generating, as it is said the fortune is in the follow up), she will do fine no matter what time of year.Tell her to read MREA again.

It also seems like the dues are constantly rising.

I feel like I'm being pressured to make the deal work and the 2 proposals are really not giving me a good feeling.

I've been in the business since working as a child with family members on RE investment projects and things constantly change.I'm just north of you in Broward, and have an office in the New Tampa area as well. 

Doesn't sound like any external pressure (code enforcement, potential foreclosure, bad tenant, needs extensive rehab, etc.) so there isn't any real reason for him to sell. 

I'm in the same boat as you for investment 3, and so are other folks I've spoken to on BP who are just starting out, we are constantly evaluating what waiting will mean to our buying power and at the end of the day it's all about ROI.

@Whitney Moore I stopped going to my REIA a long time ago because of the constant sales pitches from "GURU's"  Most people say stick around for the networking but most of the successful investors didn't go to the big REIA meetings...I agree the smaller meetings from meetup.com or possibly a group started here on BP is definitely better.   

While @Ali Boone knows  the formula for computing a cap rate she does not explain how to correctly use a cap rate and leads the novice to think that a real estate cap rate predicts a constant "return" on a property. 

I am constantly looking for ways to educate myself on how to be successful and learning from the mistakes from the people who come before me.

Constantly looking for the right deal.