Developing an overview of the market may help answer many of these questions and dedicating time to observing the property is always beneficial.The Importance of Good Property ManagementHaving a reliable, reputable, and professional property management team is probably more critical with multifamily investments than with any other asset class.

@Zimean Vickers first observation is that your rents are very low compared to value.

It was HL Mencken who observed that in our society, high-status occupations tends to end in -or and low-status occupations end in -er, as in, doctor, professor, actor versus plumber, driver, cleaner.

To be clear, this didn't just come from distant observation but from investors that I previously and currently work with.

I observed that when money temporarily dried up at the beginning of the epidemic, and it was unclear where real estate was going, those lenders who also flipped or developed were not inclined to help their borrowers out with loan mods or forbearances.

I'm not claiming to know it all, I've only learned through hands on experience observing my rehabs being worked on, but I'm not a contractor myself.

Although I am not happy about paying at least $250 (if it's easy and he doesn't show up to court) and as much as $750 -- plus several court, filing, and sheriff fees -- this is one where the education I get through observation is worth it to me.

After our offer was accepted, I ordered an inspection and everything looked good except for a bright red flag regarding cracks observed in the foundation.

I have a 9-5 job which covers my expenses and end up saving some money at the end of the month.I observed a general trend that properties which are positive cash flow don’t appreciate as fast as properties which are not.

They may bring something to light that you didn't know of, and they may jog the memory of the seller when filling the form out, but they may not.While the law in my state states:“where the seller of a home knows of facts materially affecting the value of the property which are not readily observable and are not known to the buyer, the seller is under a duty to disclose them to the buyer.”There are a ton of things that the seller forgets or "forgets" about, didn't inspect, or willfully tries to not disclose.