Prices may seem high in markets like ours, but if the source cities are higher-priced, then those inbound buyers likely feel different.

However, even at a "typical" Cap Rate, you need to do the homework to understand if a property is a good price or not.Agreed, I think CAP Rates make inexperienced investors feel experienced until they get in trouble.

Hey I know your in a tough spot I was once also I also was in foreclose and was losing my home so I know how you feel let me help you out of your situation  Blah Blah blah.   

Feel free to reach out. 

As long as they have gone through your screening process the same way and you feel comfortable, you should be fine in either case.

In many instances like this one - by the time it gets investigated damage is already donePlease feel free to DM me any information you have on these companies that you are willing to share.Your friends should make a report to the SEC (via sec.gov/tcr).

Feel free to send me a message if you have any questions. https://www.bethesdapropertymanagementinc.com/

If you would like to connect feel free to DM me. 

But, I don't feel like we should get involved in any of this and simply continue to collect rent and tell them to work it out amongst themselves, since we can't prove anything one way or the other.Anyone have any thoughts on the subject, or experience?

Canyon Lake also has a much slower paced feel then some of the other lakes I looked at (Lake LBJ, Lake Travis), and is not nearly as built up and commercialized as those.