The entry price point is quite a bit higher than years past but that just means you have to sift through more deals to find the right one.

If they've been at it for a while, they will have already sifted through the local guys & can tell you who's worth calling & who isn't.

It sounds frustrating to sift through countless deals without finding the right fit.

I don't use my bank statements to help with taxes because I have a property manager on my properties so I send my accountants the year-end statement for all the properties, but if I were landlording myself, oh man I would definitely be referring to my bank statements (critical really, unless you want to do some major sifting). 

As a newer note investor you have to have the ability to sift through the BS and make your own determination on whether the deal is a good deal or not, ask me how I know .... smh.At the end of the day there is an incredible world open to those who are willing to take up the task of studying and becoming a note investor/ private lender. 

Sifting through the wees (percentages) tell me what all of this means in what matters....dollars.

You don't have to spend hours sifting through applications or conducting background checks.

But when you are sifting through Airbnb every condo looks exactly the same, with the same finishes, layout, and amenities.

But I just wanted to see what opinions and such I get back from the helpful community of BP to help me sift through everything :) I'm looking to figure out the cap rate just to help determine the "retail" value of the property, and area class, well, so I don't buy in a war zone or have issues down the road. 

Lots of variables to sift through before you know the best solution.