@Marcus Auerbachinteresting post.i really don't know.as @Cody Roberts pointed out, another thing that is happening at the same time is an incredible reversal of population growth - from the doom and gloom, overpopulation predictions of the 60s and 70s, to the likely peak of human population by 2060 or 2080, followed by probably an irreversible decline. 

I've searched far and wide for cash flow positive multis in hoboken and JC, and have yet to find a cash flowing property (my goal wasn't to cashflow but to net my monthlies as close to 0 as possible).

Primarily this applies to when one took bonus depreciation on land improvements, or in the case of nonresidential property, qualified improvement property.The one type of depreciation recapture you can defer with an installment sale is "1250 unrecapture" - this is that typical 25% depreciation recapture rate that you think of, which is the depreciation recapture on the straight line building and/or straight line depreciation on something like the previously mentioned land improvements or qualified improvement property.Allocation of the sales price is incredibly important here. 

. - I am all for a city-wide Chicago ADU ordinance. 

Not hairline crack but a continuous crack probably about 7-8 feet long and wide enough to put a credit card into the crack. 

@Ali BurkeAccounting, such an incredible skill!

A $50K investment from a psychiatrist who has no idea what they are doing but wants the "freedom" "low risk" and "generational wealth" the GP promises comes with zero power over the syndicator in an incredible lopsided distribution of power not available from most other sources of capital. 2) Ability to Charge WAY more in fees: A naive accredited investor with little experience in private investments will fork over fees like: - 2.5% acquisition fee- High Management fees (2-5% of rents) - 2.5% disposition fee- 1-2.5% refinance fee- 20-30% carried interestThe fees that many of these social media influencers charge would get them laughed out of the room by any family office or private equity shop.

You have to pick up your income or get incredibly lucky on deals, I hope the both for you.With that said, to echo some comments on here go get your 1st one done then assess. 

My husband and I both came from audit at a Big 4 which can be an incredibly demanding career.

Student rentals really drive the market, but thanks to recent zoning changes, legal student rentals are incredibly hard to come by.