The market will determine price
When looking to purchase an investment property, you will want to make sure you don’t pay too much. My strategy is that I am always looking for motivated sellers. These are sellers that need to sell their property for one reason or another and they just haven’t been able to and they are running out of time. The major consideration for what you pay for a property will be the current market conditions in that area. Is it a buyers market or a sellers market?