A few weeks ago I wrote a summary overview to our investors in both funds to prepare them for probably lower returns in the short run from potential higher defaults.

Prices are so expensive already that adding this floor with the entry cost would be too expensive

However, sellers currently on the market are more likely to accept lower offers, giving us some room for negotiation.Rental Market TrendsThe charts below are only relevant to the property profile that we target.Rentals - Median $/SF by MonthRents held steady from October to November, bucking the seasonal trend.

Particularly if you are seeking steadier cash flow, lower risk, etc. 

Duplexes are generally valued lower than a single family.

As others have noted the number of MF properties in the greater Phx area is low compared to many markets and the number for sale is even lower.

@Blake R.From my experience, land investing is a low-cost, flexible entry point but lacks the cash flow and quick appreciation of multifamily properties.

By leveraging real estate in areas with lower entry points and higher returns, you can grow your wealth more effectively without the heavy financial burden of a luxury home.

Talking of multifamily specifically, how is it that we are getting better cap rates if the prices have not really reset lower.

I have found people willing to owner finance their house to me at a lower interest rate.