@Maverick Shah as @Nicholas L mentioned CAP rate does not give you the true price of a condo, the comps do, but for your purposes it is a good measure of your return on cash. 

@Daniel Budnik I would start by looking for a house hack.

No offense, but if you have to ask this question, you'll be much better off hiring a local pro to guide you. 

This is not a scam; we own and operate in [local market].If they respond with ANYTHING via Messenger, I ignore it for two reasons. 

I'll be attending the REI summit in Austin Texas at the start of June and hoping to also use this event to network and meet lots of like minded people that I can connect with and create future contacts, if you'll be attending shoot me a message down below or DM me and we can connect and hopefully get the chance to meet lots of you's at the event! 

I love bringing neglected and distressed properties back to life and this one was on a stunning setting!

What did the appraisal have to say about the condition, what's the ARV.You'll have a loan cap of 65% - 75% of the ARV. 

Hi @Alejandro Calvo,I work exclusively with investors in these markets and would be happy to answer any questions you may have, sending you a message now

Starting as a correctional officer shows you have discipline, and that will serve you well in this business.

I am looking to wholesale my first property in the South Florida market since, I'm starting local.As a new wholesaler, I am looking to connect with investors/buyers/agents in the area to hopefully bring business to and get advice that I may not be aware of.