Everything is overvalued right now though the market is softening.

Long term I anticipate construction costs will generally soften as the high-rate environment continues and stifles development.

The reason for this is because there is a possibility for interest rates to expand and/or market conditions to soften.

The market was really softening here in Aug. here so 10% down, $270K takeback at 7.5%, 30 year amort. and a balloon in 18 months worked for me.

It's softening, despite the YoY increase there's deals still be had there you just got to find them.

Rents have softened in Sacramento over the last couple of years, so just be sure that you're looking at current & accurate estimates when projecting your income.

They have the data and can tell you the spread between 1s and 2s, and also tenant turnover.We've actually seen more demand for 1s as the market softens, because the rent is less, and some are downsizing to save on rentGino

I would highlight this for other investors about keeping reserves and if values start to soften this is a perfect example of what can go wrong when you are over leveraged and don’t have cash.

HUD "secrets" change often including another one in the last couple of months to include a softening of the firm line on the 87-88% on aged inventory that had been in effect since HUD went to one AM(there doesnt seem to be a firm number in my region but their is a number less than 87%)The "under previous asset managers it was, but isn't anymore" ABSOLUTELY APPLIES. 

The tax exclusion possibility goes away in 11/2026, and I think rents are going to soften (they have recently, but we locked in a 2-year lease at what may turn out to be the peak).