As part of my research/practice I've been using the method described in The ABCs of Real Estate Investing (great book BTW) to determine prices using the formula Purchase Price=NOI/Cap Rate.

I just found out that a large(r) apt building is going to be built in the middle of the town (all 2bed/2bath's) Within the next 2 years.

I wasn't sure whether the lending method was based off the state the property is in, or the state the lender is in?   

The trust seems complex - what is the end goal and what are you avoiding in this method than just picking it up quick sale?

Thanks all, a local R has advised me to the market and we have it listed as of today. 

@Parker Cox @Mike Flavin @Ratho R.

I have a method that is sort of a trade secret that not very many people picked up on the forum post-oh well!

Many of the methods he pitches buying properties are in the older areas of financing, and seem to leave the investor pretty exposed financially.

It's just a matter of hustling and finding off market deals through various methods....I've bought 5 houses in the last month (1 flip and 4 rentals).  

Thanks for the help on this subject, another question however...When entering a deal that is outside of the traditional financing methods (purchase from a wholesaler/motivated seller/etc.), is it wise to already have a pre-qualified document expressing what you're allowed to purchase?