Cap rates for the markets are set by previously sold assets within the market.

Tenants were sending checks to the landlord who had to bring it to the bank, deposit it, and fax him a copy of the check.

:what is commonly done is you request a copy of the offer with private info redacted.. just price and terms.. 

Purchase price: $70,000 Cash invested: $35,000 Sale price: $120,000 Single family home - my dad and I bought, fixed (mostly ourselves) and sold all while having busy lives.

Reason I expected that to appreciate is only 10% houses has been sold out of 85+ houses and it’s new community. 

When we sold I made $35,452 after tax.

@Chad Urbshott  Hey guys this is what I get daily in Vegas for free.. from the title co.. and then when your there to bid there is a rep from the title company walking around talking to bidders when you have further questions.. all for non charge they just want you to use them if you win /  when you resell.1177-10-818-1001115 ADELMAN DR8912320061009-1300 - DOT POS UNK - $30,800** BID WITH CAUTION **PRIOR UNRELEASED DOT RECORDED 11-03-2004, WILL ATTEMPT INDEMNITY $217,500DOT IN FIRST POSTION RECORDED 10-09-2006 $247,2002138-09-713-0347625 ADVANTAGE CT8912920071102-01702 - 1ST DOT - $258,205** UNABLE TO INSURE **ACTIVE BANKRUPTCY CASE - NO ORDER LIFTING STAY ENTERED3178-16-412-00962 ANCIENT HILLS LN8907420060321-3223 - 1ST DOT - $480,853** BID WITH CAUTION **LIS PENDENS RECORDED 04-05-20194179-20-812-089688 ANNE LN8901520060721-542 - 1ST DOT - $128,000HOA - (ASSESSMENTS) RECORDED 03-12-2019 $1,6405177-16-610-009360 AUTUMN HUE AVE8912320070822-4937 - 1ST DOT - $564,350** UNABLE TO INSURE **PROPERTY SOLD.

So when you get to inspections (or your realtor whom doesn't know much about investments, or your inspector who is filling your report with things that are irrelevant to you making money and being able to keep a happy tenant) often much more needs to be done than was disclosed and often these "deals" are being sold as is. 5) you realize that you can make the numbers work, but it's not a great deal.. and this is when so many investors will swoop in and say "it's fine, you don't need a home run!" 

I found a house that’s for 35k and a house .5 miles away that sold for 350k 2 months ago.

All this is in regards to a house being sold in Panama if I am correct.