Elaborate on the various methods of cap rate construction. Make sure to discuss the strengths and weaknesses of each approach, especially in uncertain or declining markets. Describe situations when the cost approach is helpful for investors, lenders, and insurance companies. 5. Discuss the strengths and weaknesses of the various income valuation techniques. When might the various techniques be appropriate from the perspectives of the investor, lender, and appraiser? Elaborate on the various methods of cap rate construction. Make sure to discuss the strengths and weaknesses of each approach, especially in uncertain or declining markets. Describe situations when the cost approach is helpful for investors, lenders, and insurance companies. 5. Discuss the strengths and weaknesses of the various income valuation techniques. When might the various techniques be appropriate from the perspectives of the investor, lender, and appraiser