Finding a property below market value is always attractive, but I've learnt that a low purchase price doesn't automatically make it a good investment. There's more to consider than just the asking price. Refurbishment costs, legal fees, finance, holding costs, timescales and the realistic resale or rental value all need to stack up. I've seen how easy it can be to focus on securing a deal without fully considering what happens afterwards. For me, it's about looking at the bigger picture, understanding the risks and having a clear exit strategy. Sometimes the best decision is to renegotiate or simply walk away. For those actively sourcing deals, what's the first thing that makes you reconsider an opportunity that initially looked promising? Always interesting to hear how others approach it.