Some of the apartment syndicators are seeing that new supply of A class apartments is finally catching up with demand, if not surpassing it already.

I am currently searching for knowledge, ideas, a network in Auburn, Fort Myers, and Atlanta, book recommendations, and any advice from all of you at Bigger Pockets who far surpass my knowledge in REI.

Surpassed only by Plano in the state of Texas.

Home prices have surpassed pre 2008 market crash prices to put you in perspective.

I was able to surpass her needs and she trusted me. 

The rehab costs have far surpassed our budget due to some masked issues(missing copper lines in walls, dangerous wiring almost throughout...all covered with sheetrock) Also, the city is requiring us to pour new approaches at "multifamily" thicknesses; about $9k worth.

A couple years ago, Portland surpassed the housing costs of places like Rockridge in Oakland and Albany (formerly regarded as "affordable" places where you could get a 2/1 bungalow for $250k near Berkeley) circa 1998.  

What happens if returns never surpass the 8% pref and there's no financial incentive for your operator anymore?  

@David Wong I first lowered my expenses of living to an all time low of 15K/year then bought enough rentals to surpass that in cashflow (including vacancy, mortgage, taxes, insurance, maintenance).

Living in NorCal really makes no sense to buy a liability and hope one day will surpass my investments.